Saving A Million Jobs at $787,000 Per Job
The White House Council of Economic Advisers said Thursday the $787 billion stimulus plan kept one million people working who would otherwise not have had jobs.
http://www.realclearmarkets.com/articles/2009/09/14/saving_one_million_jobs_at_787000_per_job_97404.html
The White House Council of Economic Advisers is lead by three presidential appointees. Currently, these are Christina Romer, Austan Goolsbee, and Cecilia Rouse.
According to their biographies on the Council web site, these people have never held jobs outside of academia. Their positions at Princeton, Berkeley, and the University of Chicago were protected by lifetime tenure. Unemployment, to them, is a theory that cannot become a personal reality. What in their backgrounds makes them experts on the subject of job creation?
Posted by khiggins at September 14, 2009 06:28 AM