Source: The Washington Post
Zandi added it was “more appropriate … to divide the $985 billion in cumulative budget deficits over the 10-year period by 17.9 million jobs. This results in a cost of $55,000 per job-year.”
Infrastructure is expensive. Improvements are always easy to put off until they can’t be, then the cost is always more than the maintenance would have been. Ask any homeowner.
Infrastructure is not a jobs program, sure it can help, but that’s not the point. Running cost per job metrics is somewhat helpful, but only if they are done with a clear head. The GOP is not thinking on this one.