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Old 07-05-2011, 10:48 AM   #21
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Hail to the Cheif:

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the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.

In other words, the government could simply have cut a $100,000 check to everyone whose employment was allegedly made possible by the “stimulus,” and taxpayers would have come out $427 billion ahead.
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Old 07-08-2011, 05:10 PM   #22
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President Obama’s senior political adviser David Plouffe said Wednesday that people won’t vote in 2012 based on the unemployment rate:

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“The average American does not view the economy through the prism of GDP or unemployment rates or even monthly jobs numbers,” Plouffe said, according to Bloomberg. “People won’t vote based on the unemployment rate, they’re going to vote based on: ‘How do I feel about my own situation? Do I believe the president makes decisions based on me and my family?’ ”
I'll tell you what, I'd be scared of those 14 million unemployed voters...
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Old 08-24-2011, 02:36 PM   #23
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Laffer curve be dammed.



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just when Illinois’s economy seemed to be turning around, lawmakers passed record tax increases in January of this year [the lame duck 96th General Assembly increased the state personal income tax by 67 percent and the corporate income tax by 46 percent]. Since then, Illinois’s employment numbers have declined. When it comes to putting people back to work, Illinois is going backwards. Since January, Illinois has dropped 89,000 people from its employment rolls.
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