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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (146684)11/2/2014 11:49:30 AM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
Forbes is right wing. I think they made a mistake. Printing error.



To: Wharf Rat who wrote (146684)11/2/2014 12:18:56 PM
From: pcstel  Read Replies (1) | Respond to of 149317
 
<This is the best private sector jobs creation performance in American history<



At a cost of 10 Trillion dollars..

????? Not sure how you arrive at this concept.

Reagan added over 16 million new jobs over his 8 year term at a cost of 1.5 Trillion to the debt.
Obama has added over 5 million new jobs over his 6 year term at a cost of 9 Trillion.

5.1 Million Jobs / 10Trillion Dollars = 1.9 Million dollars per Job.

Reagan 16 Million Jobs added / 1.5 Trillion = $93,750 per Job

Someone paying 15K a year in taxes could repay the $93,750 in 6 years.

While the same person paying 15K a year will take 126.6 years to make up the 1.9 Million.

PCSTEL