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Wash. Examiner forwards misleading cost-per-job stimulus math

November 02, 2009 5:22 pm ET

SUMMARY: Echoing GOP claims, The Washington Examiner stated: "Even if we take at face value the White House claim that it created or saved [650,000] jobs with approximately $150 billion of the economic stimulus money, a little simple math shows the taxpayers aren't getting any bargains here: $150 billion divided by 650,000 jobs equals $230,000 per job saved or created." However, as the Associated Press noted, this "math is satisfyingly simple but highly misleading," because it does not capture the full impact of the stimulus.

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