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	<title>Balanced Living System Blog &#187; Government spending</title>
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		<title>One job = $604,615</title>
		<link>http://www.balancedlivingsystem.com/blog/2009/10/one-job-604615/</link>
		<comments>http://www.balancedlivingsystem.com/blog/2009/10/one-job-604615/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 23:27:17 +0000</pubDate>
		<dc:creator>Richard Himmer</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[Government bailout]]></category>
		<category><![CDATA[Government spending]]></category>

		<guid isPermaLink="false">http://www.balancedlivingsystem.com/blog/?p=114</guid>
		<description><![CDATA[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&#8217;m somewhat cynical, but here is what goes through my mind when I hear:

To be honest with you                so why the [...]]]></description>
			<content:encoded><![CDATA[<p>Have you ever been having a serious discussion and heard one of the following phrases:</p>
<ul>
<li>To be honest with you</li>
<li>I was skeptical at first but</li>
<li>You can trust me</li>
</ul>
<p>Perhaps I&#8217;m somewhat cynical, but here is what goes through my mind when I hear:</p>
<ul>
<li>To be honest with you                so why the tactical change?</li>
<li>I was skeptical at first, but          I need your money.</li>
<li>You can trust me                        sure sign that I shouldn&#8217;t</li>
</ul>
<p>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.</p>
<p><strong>Today&#8217;s news:</strong></p>
<p>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 &#8211; you may wish to check out the website <a href="http://www.recovery.gov">www.recovery.gov</a>. The US map on site lets you see how your state is doing.</p>
<p>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.</p>
<p>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.)</p>
<p>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:</p>
<p align="center"><strong>$604,615</strong></p>
<p align="center"><strong> </strong></p>
<p>In South Carolina, they have spent $220 Million to save or create 146 jobs &#8211; that equals $1.5M dollars per saved or created job.</p>
<p>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&#8217;s a shocker!</p>
<p>No government in the history of the world has spent herself into prosperity and out of a recession.</p>
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