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Obama's Stimulus: $278,000 Per Job Saved Or Created

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Uploaded by on Jul 18, 2011

On Friday, July 1, 2011, the White House released its quarterly report on the stimulus. The report, authored by President Obama's Council of Economic Advisors, said the "stimulus" saved or created less than 2.4 million jobs at a cost of $666 billion. Doing some math, that works out to an average of about $278,000 per job.

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