MGB: Cost of Jobs

http://content.usatoday.com/communities/theoval/post/2009/10/620000730/1

So boys and girls...the White House announced today that the Stimulus bill "created or saved" 650,000 jobs.

At a cost of $787,000,000,000.

So, for the low introductory price of $1,210,796, our government saved or created one job.

I just can't wait to see all the good things they can do with health care.

I think I'm getting ripped off. I'm almost certain my job has been saved (survived 2 layoffs so far) and I don't make 10% of that salary.

Hmmmmmm........ I thought it was the patience of......

Great catch Jay...
I wonder what the cost of getting those off the Welfare system and into the work force might be. This sort of errant fiscal policy is what will destroy this Nation...

Not trying to hijack the thread but this gives me pause for hope from another thread....
http://latimesblogs.latimes.com/washington/2009/10/ron-paul-gearing-up-for-2012/comments/page/2/#comments
Your thoughts Jay about Ron Paul?

Robert, I really don't know too much about Ron Paul, other than he seems to be one of the few honest politicians in the congress. I'll look into him a bit in the future.

[quote=kirks-auto]
Great catch Jay...
I wonder what the cost of getting those off the Welfare system and into the work force might be. This sort of errant fiscal policy is what will destroy this Nation...

Not trying to hijack the thread but this gives me pause for hope from another thread....
http://latimesblogs.latimes.com/washington/2009/10/ron-paul-gearing-up-for-2012/comments/page/2/#comments
Your thoughts Jay about Ron Paul?[/quote]

Kirk, thought you were a staunch defender of maintaining the integrity of a thread?

Apparently it's OK for you to hijack a thread, while you lambaste others for your perceived hijacking?

just some more kirkocrisy ...

if they would give me a million, I'd quit my job and retire, thereby creating a job for whomever replaces me. I could save the government 200k right there.

[quote="chuck cougill"]
if they would give me a million, I'd quit my job and retire, thereby creating a job for whomever replaces me. I could save the government 200k right there.[/quote]

I was going to calculate what the impact would be to split almost 1.25 Million to more than one unemployed person. However I don't want to do the math. But I'd suggest handing two of the unemployed even a husband and wife $600,000 which should accrue neighborhood 10% per annum invested correctly with an accelerated mortgage pay off would leave enough for each person or family to scrimp by...not Angus Strip Steak every meal but still... AND it could be required they not reenter the work force except through entrepreneurial employment of their own thus guaranteeing the likelihood of upping GNP. AND it would be a savings to what the BHOists are doing according to the math and Jay's post.

But, to coin a phrase, re. Capt Kirk, I propose logic to "where no Obamite dares go"....

Joe, you're a churl....look it up.

Right on Kirk!! Big smile, grin.


As the government's quiet fianancial noose continues to tighten, haughtiness may become an endangered species.

The truly scary part is that Obama actually thinks that it works the way they are using debt. They somehow believe that a million dollars of debt actually spin off a rate of return.

I like Ron Paul's economic and fiscal outlook and beliefs. I just don't agree with his foreign policy platforms.

[quote=6863m]


I like Ron Paul's economic and fiscal outlook and beliefs. I just don't agree with his foreign policy platforms.[/quote]

Because he is not a blood thirsty neocon mad man who wants to kill innocent people who did nothing to this country to satisfy a blood lust by the Reich Wing?

So you for smaller govt spending, but your pro war? You do know war isnt cheap right? No wait... the Iraqi oil will pay for the wars... I heard that somewhere..

911 you idiot...war IS financially cheap....thats why we can afford so many of them...they are financed on phony fed printed money that has no basis of value............want a war....go print some cash and then blow the crap out of somebody....you don't know shit from shinola.........might I suggest to join up as cannon fodder.

Hey Robert, can we call you Captain Kirk now? I've given er al I've got capin I dun't think she'll take enymoore.

Well Cap'n Crunch.........if you have been reading his posts maybe it's Cap'n Kurt instead......sorry, didn't mean to step on your crunch berries......

Just please don't call me "late for supper".....
I'm already embedded with most of the rest....Cap't Crunch is a new one....

[quote=wyatt]
911 you idiot...war IS financially cheap....thats why we can afford so many of them...they are financed on phony fed printed money that has no basis of value............want a war....go print some cash and then blow the crap out of somebody....you don't know shit from shinola.........might I suggest to join up as cannon fodder.[/quote]


Wyatt Wyatt Wyatt........ first, the attack and then the lies... you have no clue what your talking about... we as a nation are in debt to our eyeballs, the wars have done much damage to this economy...

If we can print phony money, why cant that phony money be used to fund healthcare?


Might I suggest you remove your head from your anal cavity? How do you see what your typing looking at the contents of your large intestine? You should sign up and be a 3 ring circus sideshow.

sure...................dummy........

[quote=wyatt]
sure...................dummy........[/quote]


Thanks for your contribution. As always there is a lot to digest.

I would think you can't use debt for health care because different from wars it never ends and is an entitlement. But I can understand your logic, it is consistent.

[quote=6863m]
I would think you can't use debt for health care because different from wars it never ends and is an entitlement. But I can understand your logic, it is consistent.[/quote]

Like the war on drugs, the war on terror, the war on poverty...

I was just pointing out, if we can print money phony money that costs nothing, why not do it for healthcare.. obviously that was too deep for you...

Maybe I will talk right down in a language you can easily understand next time... do you prefer finger painting or stick figures?

Why would you confuse the word war with poverty, drugs etc. when we were clearly talking about actual real foreign policy wars. Wyatt and Ron Paul are clear what they are referring to. I assumed that you understood that and it is why I made the distinction between ending and entitlement.

But you could be more clear and less confusing by just staying with the point and argument and I do prefer stick figures..

[quote=6863m]
Why would you confuse the word war with poverty, drugs etc. when we were clearly talking about actual real foreign policy wars. Wyatt and Ron Paul are clear what they are referring to. I assumed that you understood that and it is why I made the distinction between ending and entitlement.

But you could be more clear and less confusing by just staying with the point and argument and I do prefer stick figures..[/quote]


Richard, we according to Wyatt can print phony money at will, just run the presses, why not do that for healthcare.. we can print phony money any time we want..

Foreign policy wars of choice,, you may want to add that.


The war analogy is just showing that the wars are still going on, havent ended.

Richard wasnt the goal of the CIA creation Al CIAduh to bankrupt America through wars? Do you think that it is happening or are the wars we are engaged in free of cost?

Actually Al Queada could never bankrupt America by terrorism that would have been silly. We have just too large a GDP. We have always been able to fight a war and pay off the debt of war. What we won't survive is the Obama fiscal plan of a debt level with no intent to ever pay it back. That is much different. He is printing money to pay for an entitlement that never goes away. After 10 years of the Obama 8 years we will not have the capacity of fighting much of a war. We will be all about concessions at that point. Code Pink wins just using a different process. It is one thing to be in debt at 100% of GDP after a war and quite another to be in that debt before a war.

But it does appear that you also agree with Obama Pelosi and Reid on debt economics. Dumb practice but they like it.

[quote=6863m]
Actually Al Queada could never bankrupt America by terrorism that would have been silly. We have just too large a GDP. We have always been able to fight a war and pay off the debt of war. What we won't survive is the Obama fiscal plan of a debt level with no intent to ever pay it back. That is much different. He is printing money to pay for an entitlement that never goes away. After 10 years of the Obama 8 years we will not have the capacity of fighting much of a war. We will be all about concessions at that point. Code Pink wins just using a different process. It is one thing to be in debt at 100% of GDP after a war and quite another to be in that debt before a war.

But it does appear that you also agree with Obama Pelosi and Reid on debt economics. Dumb practice but they like it.[/quote]

Actually I agree with Ron Paul, but no need to rehash that for you..


Who owns our war debt Richard? Cant we just use the Wyatt method, print phony money and pay it off? You do recall these to be Bushes wars, and you do recall the 700B bailout.. your party owns some of the burden.. dont sweep it under the rug as if it didnt happen.

I will accept the $700 billion and agree it was wrong. You stop the next $9 trillion dollars of insanity.

With no fanfare and little notice, the national debt has grown by more than $4 trillion during George W. Bush’s presidency.

It’s the biggest increase under any president in U.S history.

On the day President Bush took office, the national debt stood at $5.727 trillion. The latest number from the Treasury Department shows the national debt now stands at more than $9.849 trillion. That’s a 71.9 percent increase on Mr. Bush’s watch.
http://www.cbsnews.com/blogs/2008/09/29/couricandco/entry4486228.shtml

this is Obama's problem, it's his fault !!!

wow, I can be a Dick too

We can pay for a debt of $11 trillion. We can't pay for a debt of $20 plus trillion. It is pretty simple and Bush, Republican Congress and Democratic Congress after 2006 was responsible for $5 trillion it is a fact. Obama will be responsible for everything after that. It cuts both ways. We can afford what has been done we can't afford what Obama is doing. We are going under. He has won.

[quote=6863m]
We can pay for a debt of $11 trillion. We can't pay for a debt of $20 plus trillion. It is pretty simple and Bush, Republican Congress and Democratic Congress after 2006 was responsible for $5 trillion it is a fact. Obama will be responsible for everything after that. It cuts both ways. We can afford what has been done we can't afford what Obama is doing. We are going under. He has won.[/quote]


OK... thanks, I see it is Obamas fault, he is spending the money we cant afford, we cant afford it because we ran up a huge debt prior to him.. makes sense.

It is a pretty deep subject that does need some understanding of and how it all works. But if you pay attention even you might see the future of crushing debt.

I am a finance man, I understand how it works Richard..

What I called out is that rampant spending under Bush was a cause of this, obviously with your blinders on and ears sewn shut you dont want to hear or see this.. We had a crushing debt prior to Obama... now accept that Bush is responsible, or get some understanding of the issue.