Treasury Secretary Timothy Geithner Thinks Spending $200K per Job of Tax Payers Money is a Bargain

 

Obama Administration … simply clueless and worse, they are dangerous.

Ever wonder why government, especially the Obama Administration, is not the answer to creating jobs?  Treasury Secretary, Turbo Tax Timothy Geithner believes that Obama’s new jobs plan will cost tax payers$200,000 per job, but said the pricetag is the wrong way to measure the bill’s worth. WHAT! Who in their right mind pays $200 K for a $50,000 a yer job? How clueless can the Obama Administration get? Ever wonder why unemployment is at 9.1% and millions are out of work? There is a reason why Obama job approval on the way he has handled the economy is in the low 30′s, he has earned it.

Treasury Secretary Timothy Geithner didn’t dispute a Harvard economist’s estimate that each job in the White House’s jobs plan would cost $200,000, but said the pricetag is the wrong way to measure the bill’s worth.

And he also pointed out, in an interview today with ABC News’ David Muir, that there is no other option on the table for getting the economy moving and putting more people back to work. [editors note: You lie].

“You’ve got to think about the costs of the alternatives,” Geithner said when asked about Harvard economist Martin Feldstein’s calculation that each job created by President Obama’s American Jobs Act would cost taxpayers about $200,000.

Obama’s $787 billion stimulus plan was a colossal failure … now they look to waste even more money. Define crazy, doing the same thing and expecting different results. Coming soon to a political ad in 2012 … “spending $200,000 per job is a bargain to the American people”.  With 14 million people looking for work, is Obama and his minions willing to pay $200K per job? Can 2012 get here fast enough.



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  • Comments

    4 Responses to “Treasury Secretary Timothy Geithner Thinks Spending $200K per Job of Tax Payers Money is a Bargain”

    1. katablog.com on September 27th, 2011 8:55 am

      “You’ve got to think about the costs of the alternatives,” Geithner said

      Okay Tax Cheat Timmy: how about if we give all these people who would have had jobs costing $200,000, A mere $100,000. That way we could get double bang for our buck by giving the money to twice as many people! OR, what if we just gave out $50,000 and quadruple the amount of people getting money. Golly, when you think about all the people hurting from Obama’s economy, we could just hand out $25,000 to those without jobs. I’m sure they will be happy to pretend they are actually employed in a job that cost $200,000.

    2. katablog.com on September 27th, 2011 8:59 am

      Oh and now that we have created all those jobs, how about if we destroy a few more?

    3. rightknight on September 27th, 2011 9:18 pm

      The lies concern exactly what kind of job was produced for
      that $200K. “Lies” is the operative word for this regime. Since
      the inquiring press is in the closet, who will challenge this
      silly person?

    4. NGBoston on September 28th, 2011 6:15 am

      Honestly, how are we to take anyone in this position seriously when he cooked his OWN PERSONAL books and cheated on his taxes?

      LOL The irony is rich, so very rich. Just like all of these very wealthy highly appointed public officials who are some of the hugest hypocrites on the face of the earth. Stuff it, Tim!

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