Success! Obama Spent $10B to Create 355 Jobs Per Year

Well, after the news from the Obama administration of its “highly successful 1603 tax program” the fantastic program that is responsible for successfully creating literally dozens of jobs at a mere cost of 10 billion tax dollars, why, I don’t want to hear you naysayers out there dissing the big guy again!

The Washington Free Beacon brings us the good news of this great Obama success having received a statement saying:

“The highly successful 1603 tax program has played a critical role in the dramatic expansion of America’s renewable energy industry over the past three years – supporting more than 30,000 renewable energy projects, leveraging more than $25 billion in private sector investments and creating tens of thousands of jobs in installation, construction and operation, as well as up and down the manufacturing supply chain,” said DOE spokesperson Jen Stutsman. “This program has helped to build infrastructure that will spur economic development and job creation in the country over the long-term and ensure the United States can compete in the global clean energy economy.”

That settles it, right?

Well, let’s see how U.S. Representative Cory Gardner (R, Colo.) added up the costs of this “success” at a recent House hearing.

Gardner asked the administration’s representative how many jobs were created and was told 355 over each of the last two years.

“I just want to know how many jobs were created,” Gardner said during the hearing.

“If you’re looking at the direct jobs, this one estimate has direct jobs created at 3,666 in the construction phase, and direct jobs created at 355,” Sherlock said. “Direct jobs would just be the construction jobs and the ongoing operations and maintenance jobs. But if you wanted to look at the supporting jobs in other industries then you’d want to look at the other figures.”

“So for direct jobs — just if we look at the first year, this is average jobs per year, it’s 355 jobs per year — in two years, 355 jobs created a year, $10 billion?” Gardner asked.

Man. I’m surprised there is any unemployment left at all with all this “success” in creating jobs Obama is celebrating.

Hmmmm. Maybe this great volume of 355 new jobs the Big O created will help offset the job losses he’s forced on the medical community already?

Probably not, eh?

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