Take a moment to sit back and think about your job. You know how much money you earn each payday. Whether you work for yourself, or your employer pays you to show up every day, stop for a moment and think about what that job of yours is worth.
In 2007, the median annual household income was $50.233. Keep in mind that the median value accounts for all of the people within the household who work. So, how much would you pay for a job. Just one job?
Would you pay $30,000 for a job? What about $50,000? Stop. I am not asking how much you earn or how much you would prefer to earn from that job. I am simply asking how much you would pay, out of your pocket, for that job. Would $71,500 be too much?
So far, 30,383 jobs have been created by companies that have gotten $2.2 billion worth of stimulus contracts directly from the federal government. That equates to $71,500 per job based on just the funds that have been distributed.
Do you remember when we were told that the stimulus package would create 2 million jobs? So far 30,383 jobs have been created at a cost of $71,500 per job. Of course, these numbers do not account for the other $784.8 billion spent in the process, or what that $784.8 billion has done for state and local governments. One thing is for sure. That $784.8 billion didn’t go toward creating jobs.
Since the stimulus package was forced into the pocketbooks of every American for generations to come an additional 3 million jobs have been lost.
When you take all of the numbers into consideration, by adding up the jobs created, subtracting the jobs lost, factoring in the still-sluggish economy and divide it all by additional tax burdens in pending legislation, how do you account for any of it?
Democrats and Republicans alike. How do they account for the pile of debt sitting in our lap with nothing to show for it? They may not be able to account for the money they so carelessly spent, but I say we hold them all accountable for what they’ve done.