"Estimates are subject to significant margins of error — because of the assumptions that went into the economic models and because it is not known what might pass Congress."
Of the $775 billion plan, if it "created" 4.1 million jobs then each job made would cost $189,024. Is that minimum wage these days?
Good quote I saw this morning:
For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises — that in most cases they themselves created — by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.
Down the rabbit hole we go!
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