« Fish in a barrel | Main | It's Bedlam out there »

Drop in the bucket

By Owen Paine on Friday February 5, 2010 12:57 PM

Ferdinand Trumka claims we need to generate 10 million jobs -- give or take one or two. If so, what in ballpark numbers oughta be the size of Stimpak II?

I'd say well in excess of 1.5 trillion dollars over four quarters. But citizens, be warned: though "Democrats from the president on down say jobs are their No. 1 priority", here's the House bill of December vintage. It's ten sizes too small, and that's before the Senate gets a whack at it.

Okay, so what's the size of the recent turbocharged Obama job package? Does anyone know? Does anybody got a number or should I say a grouping of numbers on this? Like a dollars-in package with a spread and schedule set of numbers... plus a bit of multiplier magic, as those numbers work their way through the markets and end up producing a time-scheduled set of jobs-out numbers?

I'm laying down a benchmark here: if after all is said and done the input number is much more than 100-150 billion, I'll eat my big toes.

I see this steady message for at least the next year from the frontier of recovery: "The stag continues. All engines... half steam ahead!"

Comments (1)

Op-san, it's 1/10th speed ahead, right? This capo is trying to peddle "green energy research" as a jobs initiative! Nuff said.

Post a comment

Note also that comments with three or more links may be held for "moderation" -- a strange term to apply to the ghost in this blog's machine. Seems to be a hard-coded limitation of the blog software, unfortunately.


This page contains a single entry from the blog posted on Friday February 5, 2010 12:57 PM.

The previous post in this blog was Fish in a barrel.

The next post in this blog is It's Bedlam out there.

Many more can be found on the main index page or by looking through the archives.

Creative Commons License

This weblog is licensed under a Creative Commons License.
Powered by
Movable Type 3.31