Entries tagged with “congress”.
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Sun 26 Jul 2009
Citizens Against Government Waste: Don’t Let Congress Shoot Down 53 Joint Strike Fighters for the Price of One Engine!
Posted by Charles Clarkson under Government, Politics, The Good Fight
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Thu 29 Jan 2009
Only $646,214 Per Government Job
Posted by Charles Clarkson under Economics, Government, The Good Fight
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Only government could pay $646,214 per government job and think it a bargain. That’s the estimated cost given by Alan Reynolds at CATO based on the math behind the latest Stimulus Bill. In a Wall Street Journal Reynolds said:
Mr. Zandi’s current estimates have government employment growing by 330,400 over two years as a result of the House bill (compared with 244,000 in Bernstein-Romer paper). Yet even that updated figure still amounts to only 8.3% of total jobs added, even though state and local governments are to receive 39% of the funds ($214.5 billion). Spending $214.5 billion to create or save 330,400 government jobs implies that taxpayers are being asked to spend $646,214 per job.
