How Much is Obama’s Fake Jobs Scheme Costing America?
Sometimes magic tricks just aren’t that great, and even the most innocent, wide-eyed child can’t be fooled by the illusionist’s flourish. Such is the case with the rabbit the White House is trying to pull out of its magic hat by claiming that President Barack Obama’s stimulus has created or saved 2.4 million jobs at a cost of $666 billion, all while the United States continues to suffer 9.1 percent unemployment. If you do the math, that comes out to around $278,000 per job.
That information comes from a White House Council of Economic Advisers (CEA)report released last Friday that desperately tries to maintain the illusion that Obama’s stimulus has saved the day for struggling Americans.
