CBO says Obama spent $4.1 million ....

[CitadelGrad]

for each job created by the stimulus bill.

http://www.cbo.gov/sites/default/files/ ... f_ARRA.pdf

Thank you, President Obama.

[ASUG8]

CBO estimates that ARRA’s policies had the following
effects in the first quarter of calendar year 2012 compared
with what would have occurred otherwise:
 They raised real (inflation-adjusted) gross domestic
product (GDP) by between 0.1 percent and
1.0 percent,
 They lowered the unemployment rate by between
0.1 percentage points and 0.8 percentage points,
 They increased the number of people employed by
between 0.2 million and 1.5 million, and
 They increased the number of full-time-equivalent
jobs by 0.3 million to 1.9 million. (Increases in FTE
jobs include shifts from part-time to full-time work or
overtime and are thus generally larger than increases in
the number of employed workers.)

Gotta love that rounding error. I guess they all got in a room, hit the hooka, and started tossing numbers around. Nice job, CBO.