The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Stimulus jobs in New Hampshire cost $8.32 million per job.

Posted by iusbvision on July 14, 2009

This is what we mean by stimulating government and not the economy, as if any of us who are suffering under this awful economy needed to be told that.

Via our friends at Hotair.com.

With the entire nation wondering at the effectiveness of a stimulus package that has resulted in not saving 2 million jobs thus far, the data on job creation has finally begun to arrive.  In New Hampshire, which got $416 million dollars, officials have proudly announced that the money has created jobs — 50 of them, to be exact.  Only 34 of them are full time.

More than $400 million in federal stimulus money has come to New Hampshire this year, and more is on the way.

The Office of Legislative Budget Assistant reported last week that $413.6 million made its way to the state under a list of programs that involve education, highways, environmental, health and human services, energy and law enforcement. …

So far, a total of 50 jobs have been created by the funding, 34 of them full time. The OES will be headed by a director whom Gov. John Lynch has not yet appointed. All five OES jobs are described as full-time temporary positions that will go out of existence in September 2011, the end of the federal fiscal year.

You read that right.  The stimulus package in New Hampshire has created 50 temp jobs, apparently all of them bureaucrat positions, and none of them permanent.  The Office of Economic Stimulus (OES) employs five of those people, and when the governor appoints the director, that position will pay a $110,000 salary, plus benefits.

Roughly speaking, those 50 jobs cost the American taxpayer $8.32 million per position.  If we calculate part-time positions as one-half of a full-time job, the cost per full-time job would be $9.9 million.  At that rate, the $787 billion Porkulus package should generate about 79,495 jobs across America — or about what we lose today by 1:37 pm in new unemployment claims. And of course, all of those would last only as long as the stimulus money kept coming to fund them.

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