A Tad Pricey

The Federal government has completed tabulations for the cost of each "stimulus" job created and has announced that each position cost a mere two hundred and seventy-eight thousand dollars ($278,000). If we take into account that many of those hired were short-term, like workers for the US Census, or were hired for construction or similar projects that have already been completed, or were specific for a contract that has been fulfilled and the employment is long-since over, more than a quarter of a million dollars per job created is yet one more proof that Obamaism is untenable. Keynesianism did not work in the FDR-era of the thirties and has failed at enormous cost to the taxpayer even more now. It would have been cheaper and more effective to lower marginal tax rates across the board and more employment would surely have been created. Even a semi-socialistic negative income tax could have yielded more if the Federal government had sent five families fifty thousand dollars ($50,000) each, allowing more than twenty-five thousand dollars ($25,000) for administrative costs with each $278,000 essentially squandered, but because that makes some degree of sense, the Democrats in Washington will never permit it to happen.