January 21, 2009

I want one of those stimulus jobs

By: AF Editors

George Stephanopoulos tried to engage Obama strategist David Axelrod in some back-of-the-envelope math:

STEPHANOPOULOS: The other substantive point that [House Minority Leader John] Boehner makes, he circulated a fact sheet, he says, if you look at [this] $825 billion piece of legislation, [creating] 3 million jobs, that’s $275,000 a job. Is that the most efficient way to create jobs?

AXELROD: George, he’s missing the fundamental point. We’re not just spending money to create jobs, we’re investing money to strengthen this economy. We’re investing in areas like energy independence. We’re investing in creating the classrooms of the 21st Century for our kids to give us the kind of education system we need…

STEPHANOPOULOS: But you would concede, $275,000 a job is a high price to pay, isn’t it?

AXELROD: Well, I’m not signing on to that particular figure.

I hope I can sign on for a figure like that.