Population = 308,745,538 (US Census)
Unemployment Rate = 9.1%
Unemployed=Population ×Unemployment Rate = 308,745,538 ×0.091=28,095,840
“Rural Small Business Jobs Incentive” Announcement = $350,000,000 (Obama’s Bus Tour Rhetoric)
This incentive is to be spread over 5 years: $350,000,000/(5 Years) = $70,000,000/year
So for each unemployed per year: $70,000,000/(28,095,840 unemployed) = $2.49/(unemployed worker)
100% = amount of $2.49 incentive the government must remove from the economy to add $2.49 to the economy per unemployed worker.
Net Effect < ZERO
(Ignoring the cost of the re-election bus tour, especially the cost of security for those beleaguered areas “fortunate” enough to be targeted.)
http://www.msnbc.msn.com/id/44157396/ns/politics-decision_2012/t/obama-unveil-plan-boost-rural-jobs-midwest-tour/
Just how stupid does this man think we are? What about MSNBC? Time to wake up!