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| Name: |
lotowner
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| Subject: |
Cost for New Jobs
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Date:
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9/17/2010 10:42:26 AM
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Recently, the news has been reporting on the cost of jobs from Stimulus dollars, particularly in Los Angeles. I have heard numbers from $200,000 to $4,000,000 for the creation of a single job. If this is the mentality of the leadership in Washington (and it is), then we are in one Hel& of a Mess as long as this current group of politicians in Washington is passing this kind of legislation. November, 2010, cannot come too soon! I just hope that the American population that I know will rise up and throw the bums out!
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| Name: |
lotowner
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| Subject: |
Cost for New Jobs
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Date:
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9/19/2010 10:39:38 PM
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I was in Memphis this past week end and observed a couple of things.
1. We ate at a restaurant that probable employed a minimum of 30 people. The cost of the building and the equipment was probably less than #2M. This is small business owner created jobs. If the government had given this person the $2M, the cost per job for the 30 people to the Government would have been at most $65,000 per job which is much less than the $4M per job in LA.
2. If the Government subsidized the construction of a Nursing Facility, the owner of the Nursing Home would probably employ at least 200 people. Assuming a construction cost of $5M,, the cost per job would be around $25,000 per job.
If we are going to waste the taxpayer's money, let's at least be efficient. Our Government has no idea on how to reduce unemployment in this country.
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