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stimulus jobs cost 194,000 each?

A Government Accountability Office report released Thursday shows that the Department of Energy has spent more than $1.9 billion in stimulus funds to create 10,018 jobs through May, an average of $194,213 spent per full-time job created. “This is more evidence that the private sector is far more capable than the federal government at creating the long-term jobs required for a sustainable economic recovery,” US Rep. Greg Walden (R-OR) said. “It looks like the Department of Energy got in over its head when it was handed $6 billion in stimulus money to create jobs by accelerating environmental cleanup work. This report says that DoE managed its timetables well enough, but it also indicates that so far, the jobs that DoE created cost $194,213 each,” said US Rep. Joe Barton (R-TX), ranking member of the House Energy and Commerce Committee.

 
tnmomofive

Asked by tnmomofive at 3:33 PM on Aug. 24, 2010 in Politics & Current Events

Level 32 (56,190 Credits)
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Answers (4)
  • I wonder...are they're going to be on sale after Christmas?! LOL :o)
    LoriKeet

    Answer by LoriKeet at 3:37 PM on Aug. 24, 2010

  • So that's approx 4 times the median US salary. Per job. Also no mention of how much the jobs actually pay, but I'm going to guess it's a safe bet they are not paying nearly 200k a pop. And why exactly is there anyone who thinks the government can manage anything more efficiently or cheaply than private management?
    NotPanicking

    Answer by NotPanicking at 5:56 PM on Aug. 24, 2010

  • LOL, @Lori
    lovinangels

    Answer by lovinangels at 4:23 PM on Aug. 24, 2010

  • While DoE reports that it created 10,018 jobs through May of this year, the department has also used a more unorthodox methodology to inflate job creation in some of its reports, a methodology the GAO says may mislead the public.


    http://www.newmediajournal.us/government_politics/0824.htm

    tnmomofive

    Comment by tnmomofive (original poster) at 3:34 PM on Aug. 24, 2010