Geithner Says Even At $200,000 Per Job Obama’s Jobs Plan Is Still A Bargain…
(ABC News) — Treasury Secretary Timothy Geithner didn’t dispute a Harvard economist’s estimate that each job in the White House’s jobs plan would cost $200,000, but said the pricetag is the wrong way to measure the bill’s worth.
And he also pointed out, in an interview today with ABC News’ David Muir, that there is no other option on the table for getting the economy moving and putting more people back to work.
$200,000 per job is a bargain only in ObamaWorld.
Fox Pushes Misleading Cost-Per-Jobs Math To Attack Jobs Bill
THE COST PER JOB IS TOO HIGH Martin Feldstein, the Harvard economist, recently combined private estimates that the president's plan would raise employment by about two million in 2012, with its cost of about $450 billion. His conclusion was startling: each job produced by the plan would cost about $200,000.
