Wash. Times adopted GOP's inflated cost-per-job calculation for recovery bill
February 17, 2009 8:06 am ET
SUMMARY: Echoing a GOP press release, The Washington Times asserted of the economic recovery bill: "[A]t [the Congressional Budget Office's] best-case scenario of 3.6 million extra jobs at its peak in 2010, that works out to nearly $220,000 per job." However, this claim disregards tangible benefits of the stimulus package besides job creation, and economists have estimated that given predicted economic growth the actual cost per job is less than $70,000.
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