What could you do with $533,000?

[Alpha Mare]

The Obama administration released the first hard numbers on how many jobs their $787 billion stimulus package has created or saved on Recovery.gov today. The number: 30,383 jobs from roughly $16 billion worth of stimulus contracts awarded directly by federal agencies.

Crunching the numbers, that comes to $533,000 per job "saved or created." To put those 30,383 jobs in perspecitve, consider that the U.S. economy lost 263,000 net jobs just last month and has lost 3.6 million net jobs since President Barack Obama was sworn into office.

 If they had simply given that money to 30,000 entrepreneurs to create new businesses or expand existing ones, I daresay we would be much farther down the road toward recovery. Small businessmen would have taken that half a million and created jobs with it.

http://www.americanthinker.com/blog/2009/10/stim_bill_job_numbers_what_cou.html