Sour Grapes
Of course we're Fair and Balanced!


Let's just give them the money...

I love this kind of analysis [via Matthew Yglesias at TAPPED]. Paul Waldman takes the total of the allegedly job-creating tax cuts and divides by the number of jobs created (actually a very optimistic projection of that number):

$749.1 billion (cost of tax cuts, 2001-2004)

/ 860,000 jobs

= $871,046 per job

That bolding is his, not mine. If that amount were invested at 4%, it would return almost $35,000 a year.

Blog home
Blog archives