Friday, February 19, 2010

Ohio Stimulated at $294,000 Per Job

The Obama administration is trumpeting Ohio jobs created by stimulus money.
Ohio received $220.6 million in stimulus money for sewers and other water-pollution control projects -- the fifth most of any state. But Ohio had by far the largest number of projects, with 274 in 187 communities statewide, officials said.

The state also funded 62 drinking-water projects with $58.5 million in stimulus dollars, including $5 million for a new drinking-water system for Buckeye Lake.

Officials said many of the projects would not be going forward without the stimulus funding, and that combined they are responsible for nearly 750 jobs that otherwise wouldn't be in place.
Now, according to my el-cheapo calculator, each job required more than $294,000 of stimulus money to create. Kind of pricey, eh? Furthermore, the duration of the 750 jobs is not reported but they mostly appear to be short-term. Consequently, it's hard to dispute the contention that the stimulus money won't be doing much stimulating.

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