Government would have saved money by cutting checks for jobless 

If President Barack Obama’s economic stimulus really did “add or save” the 2.4 million jobs it claimed, the program cost taxpayers $278,000 per job. The White House’s own Council of Economic Advisers quietly slipped out its Seventh Quarterly Report on the $666 billion stimulus just before the holiday weekend. The data also revealed the government could have saved $427 billion by simply sending a $100,000 check to everyone whose employment the stimulus supposedly made possible.

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Staff Report

Staff Report

A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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