I was shaking my head at this post on the liberal Balloon Juice citing a report by Moody Analytics estimating that Obama's brand-new $448 billion stimulus would "likely add 1.9 million jobs" to the economy. Good news!
Now again, this is a ratings agency, so you might as well be polling random crackheads and asking them who will win the Super Bowl in 2027. But still, it at least it sounds positive and can be used to bludgeon Congress into doing somethingYes, Mr. Congressman, pass President Obama's Stimulus II at a cost of only $235,000 per job. (Coincidentally, this is almost exactly the cost of every job "created or saved" with Stimulus I.) At some point, you have to wonder if it wouldn't be better for the economy to just send $1000 to every man, woman, and child in America - which would still be cheaper than Obama's plan.