Here is an internet gem I just discovered:
Debbie Wasserman-Schultz claims that Democrats have created 2.1 million private-sector jobs in 2 1/2 years and I’m willing to take her at her word for the next paragraph or so. But let’s look at how much of our money she and her comrades have spend to get that job increase.
I understand, by the way, that I will likely leave out a few dozen billion dollars somewhere along that way. I’m not including the pre-Obama bailouts for Bear Stearns and Citigroup, the billions the Fed ponied up (since they are, at least on paper, not subject to the whims of either political party), or TARP I. I’ll just go with the big, basic programs I can remember since the Age of Obama began in January, 2009.
- 2/09, The Stimulus Bill: $787 billion…whoops! I meant $862 billion. (though high-end numbers puts that total, including debt service at well over $3 trillion, I’ll go with the “official” number).
- Summer/09, Cash for Clunkers: $3 billion.
- 3/10, Jobs Bill: $17.6 billion.
- 3/10, Obamacare Bill: $1 trillion, at least. I’m hedging the numbers here because I don’t think anyone knows exactly how much Obamacare will cost once it’s run its 10-year course. However, two things are true. First, the President touted the bill as a job-creator. Second, it’s already affected how private companies do business.
- 8/10, State Payroll Bailout Bill: $26 billion.
- 9/10, Small Business Bill: $30 billion.
- 12/10, Tax Hike Prevention Act: $858 billion.
All those bills come to a grand total of 2,796,600,000,000, or almost 3 trillion dollars (and remember, I know I haven’t included everything)…
So how much did Debbie Wasserman-Schultz and her Merry Band of spend-happy Democrats pay for each one of those 2.1 million jobs she says they’ve created? A little division gives us the answer: $1,331,714.29 per job.
As I’ve said before… not only was this a terrible deal… most of the jobs that were ‘saved or created’ were state union employee jobs (the dues of which heavily fund Democratic campaign coffers).



