Saturday, August 07, 2004

How to Better Spend $87 Billion

In July, the economy added 90% fewer jobs than economists predicted. But, what would have happened had we not gone to Iraq ans instead used a pool of $87 billion to put unemployed Americans to work?

That money could have hired 87,000 people at the salary of $1 million a year. That's more than double the amount of jobs the economy added in July.

He could have created 870,000 jobs that pay $100,000 per year.

He could have created 1.74 million jobs at $50,000 a year.

Or, if he wanted to be stingy and pay only the average US wage of $33,252.09, he could have created 2.6 million new jobs.

Instead, Bush attacked Iraq.


At 10:27 AM , Blogger tifanie said...

And exactly how much of that went to his pals, do you think?


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