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Home Publications Blogs CEPR Blog Hannity Repeats False Calculation of Job Creation Cost

Hannity Repeats False Calculation of Job Creation Cost

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Tuesday, 27 January 2009 13:15
Sean Hannity asserted that the economic stimulus bill would amount to spending at least $217,000 for every job created, echoing a false calculation from a press release issued by the Republicans on the House Appropriations Committee and repeated by numerous media figures. In fact, by calculating the per-job cost by dividing the estimated total cost of the stimulus package by the estimated number of jobs created and thus suggesting that the sole purpose of that package is to create jobs these media figures ignored other tangible benefits stemming from the package, such as infrastructure improvements and education, health, and public safety investments.

See the full article by Media Matters for America.
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