Ahead of Election, Obama Stops Releasing ‘Stimulus’ Reports
9:01 AM, Oct 19, 2012 • By JEFFREY H. ANDERSON
The numbers have gotten progressively worse with each passing quarter. By the April 2010 report, according to that same method of estimating the stimulus’s effects, the tally was up to $167,000 spent for each job added or saved. By the July 2010 report, the tally was up to $190,000. By November 2010, it was up to $206,000. By March 2011, it was up to $242,000. By July 2011, it was up to $278,000 (at which point the White House objected to my highlighting its own numbers, and I responded). And by the December 2011 report (which covered the stimulus’s effects through the second quarter of 2011), it was up to $317,000 — $317,000 of taxpayers’ money that was borrowed and spent for each job that was added or saved.
The American people would presumably like to know what the tally is up to by now. Has the “stimulus” now cost taxpayers $350,000 per job? $400,000? $500,000? But, regardless of its legal obligation to do so, the Obama administration isn’t coming clean. Look for it to do so on November 7 — after (win or lose) Obama has acquired “more flexibility.”