More Evidence of the Stimulus Bill Failure: How we paid $500,000 to generate each job

Now this would be really funny if it wasn't such an indictment of government wasting money.

The purpose of the trip is to highlight the “success” of the President’s $862 billion economic stimulus package which the White House claimed yesterday has already “saved or created” 3 million jobs. Specifically, this factory is being subsidized by $151 million of stimulus funds from an even larger $2 billion honey pot of stimulus money set aside for electric car battery investments. This one plant is expected to employ 300 workers. That works out to more than $500,000 per job created. $500,000 per job. This plant, in a nutshell, explains why the President’s stimulus plan has been an objective failure.

The government is the master in taking billions of dollars and figuratively flushing them down the toilet. They might have been better off if they didn't just give the money to people so that they could pay the bills or start businesses or something.