One job = $604,615

Have you ever been having a serious discussion and heard one of the following phrases:

• To be honest with you
• I was skeptical at first but
• You can trust me

Perhaps I’m somewhat cynical, but here is what goes through my mind when I hear:

• To be honest with you                so why the tactical change?
• I was skeptical at first, but          I need your money.
• You can trust me                        sure sign that I shouldn’t

Just about anything coming from the government or from a major news outlet has me wondering what part of the story was omitted to prove the bias of the reporter.

Today’s news:

Today we are getting reports on how the $787B government stimulus package has either saved or created around 650,000 jobs.  Rather than watch the television and get the spin – you may wish to check out the website www.recovery.gov. The US map on site lets you see how your state is doing.

There is a difference between a job that has been saved and a job that has actually been created. Regardless, the cost per job appears quite high. So far the government has distributed about half of the $787B to the states.

The government is saying that the total of both saved and created jobs is 650,000 as a result of the stimulus plan. Stop! Consider the source and ask yourself how does the government create jobs? They only print money (inflation) and take away money (taxes.)

The government has spent about half the $787B or a total of $393B. So the average cost per job that the government has created or saved is:

$604,615

In South Carolina, they have spent $220 Million to save or create 146 jobs – that equals $1.5M dollars per saved or created job.

To layer this cake with golden frosting - the Associated Press is now reporting that that 650,000 jobs saved or created is very likely overstated because of faulty reporting. Now there’s a shocker!

No government in the history of the world has spent herself into prosperity and out of a recession.