Fema Employment

Stimulus package and the cost of jobs. What a great program or what a waste?

Now the "reduced" stimulus package is supposed to create 3 million jobs. That works out to something slightly more than 250K per job if the program exceed the president's wildest dreams and produces 4 million jobs the cost per job goes down to about 200K per job. current estimated population in USA is 305,766,261 so the stimulus is something near 2600 dollars for every man woman and child. I can't help but think that a lot of that would be spent either paying down debt and helping free up money for consumer spending. If you exclude households earring 200K or more from this you free up another 40-50 billion dollars. Anyway if I was unemployed I would not want an extension of my benefits as much as extra cash which could easily be provided. The typical working class family of 4 would get more than 10K in lump The if you used the 50 billion extra from excluding those the democrats consider rich you could provide a 5K tax credit - that is credit not deduction which could be carried over to the next years if you don't owe that much federal tax and give it to anyone who buys a car - that would effectively give incentive for a million car to be sold. Why are we not seeing things like this that actually would stimulate the economy? Because washington can't control the money if you have it, so they'd rather waste most of it rather then let the individual have it.

Public Comments

1. 200 Economists Oppose the Stimulus Plan New York University's Thomas Sargent says, according to the Chicago Tribune: "The calculations that I have seen supporting the stimulus package are back-of-the-envelope ones that ignore what we have learned in the last 60 years of macroeconomic research." The Cato Institute, a non-partisan think tank that takes broadly free-market views, was frustrated enough by the conventional wisdom in Washington that it took out a full-page ad on page 11 of the New York Times on Wednesday. The ad, which will also appear in Roll Call magazine and Thursday's Washington Post, is signed by scores of economists and says "we do not believe that more government spending is a way to improve economic performance."
2. It seems like an absurd waste. which will mostly improve the economies of various liberal factions. It'll mostly help prevent government from cutting jobs.
3. They even passed NAFTA. WARNING AFTER WARNING went unheeded by leaders we hired to protect our jobs. Jobs immediately started being out sourced. Industries started moving out of the US. It's been a land slide. Now, they are making bad, WORSE! Give back directly to us, the America citizen, since they took it away from us in the first place. Let us open new buisnesses. Put the money in stock, savings, and investments. After all, IT IS OUR MONEY, and our children and future generations' debt they are running up.