2

$160,000 Per Stimulus Job? White House Calls That 'Calculator Abuse'

These numbers are a bit sad. So let’s see. Assuming their number is right — 160 billion divided by 1 million. Does that mean the stimulus costs taxpayers $160,000 per job? Jared Bernstein, chief economist and senior economic advisor to the vice president, called that “calculator abuse.” He said the cost per job was actually $92,000 — but acknowledged that estimate is for the whole stimulus package as of the…