On Dec 6, 2009, at 12:32 AM, Max B. Sawicky wrote:
> Comparing money "spent" to jobs is not an apples to apples comparison.
>
> Money "spent" in the case of Federal spending or grants is a
> reimbursement for spending that might have yet to take full effect.
Yeah, mabye. But this is partly captured by multipliers. Even if you halve the $250,000/job figure, you come up with a number several times higher than what it would cost to hire a well-paid worker for a year.
Doug