NJ Saved or Created Jobs: 24,000 (at $728,197.75)
Posted on 31 October 2009
New Jersey was expecting to receive $17,476,745,987 from the $787 billion stimulus package passed by congress earlier this year. This morning, just in time for the election, it was reported by NorthJersey.com that New Jersey saved or created 24,000 jobs. We can be sure that Corzine will be trumpeting this number on the campaign trail this weekend. By my calculation, that means that the Federal government spent $728,197.75 for each job created or saved.
Apparently, if you are Jon Corzine, that is a good deal. It is certainly more than he paid Karla Katz or her brother for their silence on his ethical issues. I wonder if he counted his own job in the figures?
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