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NBC's Myers is latest to repeat inflated GOP's "quarter of a million dollars per job" calculation

February 18, 2009 11:01 am ET

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SUMMARY: On NBC's Nightly News, Lisa Myers stated of the final version of the economic recovery bill: "If the package creates or saves three and a half million jobs as predicted, it will cost a quarter of a million dollars per job." Her report echoed a claim in a January 15 press release issued by Republicans on the House Appropriations Committee. In fact, economists note that the figure is based on false assumptions.

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