If we divide a Trillion dollars by all of the jobs that this Administration claims that they have created with that stimulus... Then how much did each of these jobs actually end up costing the taxpayers per job?
The Obama stimulus act cost about $831 billion. Half of that was tax cuts. It is estimated that 1.6 million jobs were generated or maintained by the stimulus between 2009 and 2012.
If we mistakenly classify all of that spending as "going to jobs," we'd get $173,000 per year. Since it also went to infrastructure and other material goods, the spending is not all that bad.
How effective was the government with that redistribution?
Reasonably effective. Not perfect, but nothing is -- not even the most ruthlessly efficient private business is 100% effective.
Is it fair for the Administration to brag that these job number increases are a result of fundamentals enhanced by their superior economic policy decisions? Or should they just admit that these numbers were bought and paid for by the taxpayers?
1) The stimulus largely ended 2 years ago.
2) The administration doesn't credit November 2014 job numbers to the 2009 stimulus.
3) The numbers weren't "bought and paid for by taxpayers." In fact, public sector hiring went down for several years, and is well below 2007 numbers.
And how come no one is talking about how far these [inflated] job numbers are below the Administration's original projections?
Which projections?
Are the wonderful job numbers touted by the Administration the result of fundamental growth or are they marginalized by the expanding population growth and the resultant natural expansion of the jobs market?
Job numbers need to keep up with population. Population growth also didn't stop in 2007, and restart in Q4 2014.
When this Administration brags about all of these low level jobs being created, do they mention that most of them are going to those individuals that Obama is inviting across the open boarder?
Last I checked, undocumented immigrants aren't included in unemployment stats.
It also isn't clear these are all "low level jobs." From the BLS report:
• Professional and business services = 86,000 jobs, mostly high tech
• Retail = 50,000 jobs
• Health care = 29,000 including 7,000 doctors
• Manufacturing - 28,000 jobs
• Finance - 20,000 jobs
• Transportation = 17,000
• Food = 27,000
Sounds like a pretty good chunk of the added jobs are decent. They certainly aren't all low-wage, low-quality jobs.
Does anyone care that -- For Every One Job Added, Nearly 5 People Left the Workforce?
That statistic is rather out of date.
In January 2014, Jeff Sessions claimed 347,000 people left the workforce and 74,000 joined. He's ignoring how the average for a few years was closer to 200,000 per month, i.e. that December was on the low side.
That is certainly not the case now. The number of jobs created are about equal to those leaving -- including those who go to school, are disabled or retired. The number of discouraged workers didn't change in November, and labor force participation didn't change.
Nice try on the scare-mongering though.