Numbers can be fudged, exaggerrated and generally manufactured to prove any point. We may never know how much the government stimulus plan actually helped, but we do know that it cost A LOT. How much? Well, according to estimates from the president’s Council of Economic Advisers, the stimulus saved around 3 million jobs. Doing the math, that breaks down to about $280,000 per job!
Had the government asked nicely, we bet that there are a heck of a lot of Americans that would have gladly accepted a fraction of that money and used it to stimulate the economy. We know we would have.