Even if the stimulus package create or save 1 million jobs you can take the $787 billion dollars created to create or save a million jobs that equals $787000 per job. If a business could get a loan for that amount I bet that business would be able to create more then just one job.

$413.6 Million in Stimulus for 34 Full Time Jobs

Bloomberg reported Saturday:

President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his recovery program has failed to rescue the economy.

The Union Leader reports today:

More than $400 million in federal stimulus money has come to New Hampshire this year, and more is on the way. The Office of Legislative Budget Assistant reported last week that $413.6 million made its way to the state under a list of programs that involve education, highways, environmental, health and human services, energy and law enforcement. … So far, a total of 50 jobs have been created by the funding, 34 of them full time. The OES will be headed by a director whom Gov. John Lynch has not yet appointed. All five OES jobs are described as full-time temporary positions that will go out of existence in September 2011, the end of the federal fiscal year.


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