Showing posts with label Return on Investment. Show all posts
Showing posts with label Return on Investment. Show all posts

Monday, March 23, 2009

Mortgaging the Future of our Kids

A CNN commentary by Mark Sanford revealed some interesting information about the Stimulus bill:
"As for the jobs created in the short-term, what's the cost? The Heritage Foundation crunched the president's own numbers and came up with this startling figure: for every single job the bill creates, American taxpayers will spend $223,000."
That kind of ROI wouldn't fly in any real-world business sector. I don't know why our government should be held to a different measure of success. Mark closed his argument with this poignant statement:
"The president's stimulus represents the largest and most invasive economic action in our government's history. For a relatively small number of short-term jobs, this administration and this Congress are poised to mortgage the economic future of my four boys and the millions of young Americans just like them. To me, that's simply not a morally acceptable outcome."
What do you think?