November 6, 2009

I Saved or Created 11 Jobs Today!

Pretty good day for me. I completed a project that will keep my boss from being fired. Then I refrained from sending ten emails accusing my coworkers of embezzlement and sexual harassment that could have got them all fired. So I am counting myself as up eleven.

Not quite as good as North Chicago:

More than $4.7 million in federal stimulus aid so far has been funneled to schools in North Chicago, and state and federal officials say that money has saved the jobs of 473 teachers.

Problem is, the district employs only 290 teachers.

"That other number, I don't know where that came from," said Lauri Hakanen, superintendent of North Chicago Community Unit Schools District 187.

The Obama administration last week released the first round of data designed to underpin the worthiness of its economic stimulus plan, which so far has directed $1.25 billion to Illinois schools. That money has helped save or create 14,330 school jobs in the state, the administration claimed.


This got me thinking of CNN News-whatchamacallit Susan Roesgen, thinking a tea partier was insane because Illinois was lined up to get so much Federal Jack -- surely Lincoln would approve:

And it's saved more jobs than there are!

Posted by John Kranz at November 6, 2009 6:42 PM

Let's assume for the sake of argument that the stimulus "saved" 10% of the workforce, or 29 teachers jobs. At that rate, it cost $162,000 to save each $60K job. And no, I haven't forgotten my Bastiat...

But they'll rock at healthcare!

Posted by: Boulder Refugee at November 9, 2009 12:00 PM | What do you think? [1]