From NewsBusters
“Well, they’re betting on the 30 percent chance, as Joe Biden put it, that it’s not going to work,” Alter said. “Then they can say, ‘I told you so, it didn’t do any good.’”
Wow, someone actually thinks that Obama’s stimulous has a 70% chance of working?
Personally, my gut is telling me that it’s got a 1% chance of working (if that) and a good 60% chance of creating a new Great Depression.
Betting against this thing working is about as sure a deal as you can get – it’s plain wrong, wrong.
So we have a stimulus bill that will cost over $800 billion, and will allegedly save up to 4 million jobs. As others have already observed, simple division reveals that this means each job will cost at least $200,000 in government spending. As Swen Swenson put it (in a comment at the link):
Whoo Hoo!! Send me my $200,000 and I’ll go fishing. That’ll free up a job for someone else!
I’m right there with you, Swen. And I don’t even like fishing.
Note that word “save”…
Written by scrubone
Comments Off