Obama Admin: “Proud” that stimulus produced jobs at $738k each (+video)

Photo credit: merfam

Secretary of Transportation Ray LaHood told The Daily Caller that he is “very proud” of the Economic Recovery Act of 2009 that put 65,000 people to work with $48 billion in federal funds for the Department of Transportation, amounting to $738,461 per job.

The Recovery Act of 2009, which in total cost taxpayers $825 billion, has been criticized because it did not prevent the unemployment rate from rising above 8 percent, contrary to what the Obama administration predicted.

“Yeah, we spent $48 billion and we put 65,000 people to work in 15,000 projects in two years with no problems,” LaHood told The Daily Caller in a video interview in Alexandria, Va., on Friday. “I’m very proud of that. I know that the governors can spend this money because over two years we gave them $48 billion, they created 65,000 jobs in 15,000 projects. This is doable. We’re going to get the money out and get people to work.”

TheDC also asked LaHood about the Obama administration’s decision to send an additional $473 million in unspent earmarks to states.

“You know what? These are old earmarks. There are earmarks that were set aside by members of Congress going back several years,” LaHood said. “We’re in the no earmark era. There are no more earmarks. This money needs to be spent because we need to get people to work.”

  • CaptTurbo

    America, what were you thinking when you put a community organizer from Morons Are Us in our White House?

  • Just another uneducated democrat that can’t add simple math.

  • Delia Lopez ForCongress

    Spent $48 billion to put 65,000 to work but no mention of how many jobs Obamacare has cost. Nor the number lost to increased legislation. If they counted unemployment the way they did in the 1930’s unemployment is at 22%. Gloria is correct they are mathematically challenged.