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Markets
David’s weekly update on the financial markets and economy
job creation
Well That is a Great Idea Mr. President!
Right as the market opened this morning President Obama called a press conference to address issues pertaining to the U.S. economy. For this President, holding a press conference has been as rare an event as the sunrise. But in this press conference, the President announced plans for a “December economic summit” at the ...read this post
Stimulus Plan is Creating $1 million Jobs, that Pay $40,000
If you believe the numbers coming from the Obama administration’s own mouth, the stimulus plan has created (or saved) 640,329 jobs so far. At a cost of $787 billion, that comes out to $1,229,056 per job. Good work if you can get it!
Of course, these workers are not making $1.23 million per year. ...read this post
