Of course, the really offensive thing – this merely shows that we’re going to have spent 18 million on a database full of garbage entries; something that I already knew – is that the best case scenario is that in Maryland the government spent $3,178,239,416 to ‘save or create’ 6,748 jobs. That works out to $471,024.74 per job. For that kind of money I could have guaranteed 10,964 people a US national median income AND medical benefits (average for a family of four) for five years (with an operating budget of $1 million a year, and of course a personal salary of $1 million/year for that period*). The breakdown:
|Median Household Income||$ 44,389|
|Average HC Costs/yr||$ 13,400|
|Per family, Five years||$ 288,945|
|Total Amount||$ 3,167,992,980|
|Admin Costs (5 yr)||$ 5,000,000|
|My compensation (5 yr)||$ 5,000,000|
|Adjusted cost||$ 3,177,992,980|
I even saved the government money! That makes me fiscally prudent and everything.
*I’ll take care of my own health care, thanks. And if you’re wondering about who does the paperwork… well, I just hired almost 11,000 people to not actually do anything, didn’t I? They can draw straws.
Crossposted to Moe Lane.