Saturday, July 16, 2011

Economics of the insane: Obama’s stimulus cost $278,000 for each new job created

(NaturalNews) There is a reason why libertarian economists want the government to stay out of the business of business – it’s because government is not good at it.

On that premise, then, it should come as little surprise that the Obama administration’s attempt to “create jobs” didn’t turn out so well. In fact, you could call it perhaps the most expensive job program in the history of government job programs.

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