Misc. Factoid, plus Stats and New Vocab

A Macher Emeritus friend of mine told me that when a person is hired to work a temp job - even if it's just for one day - that's counted by the Gubmint as a "job created."  Oy gevalt. Who knew?

Plus I heard these two stats on television last night, and noted them on the back of an envelope. It would be a waste to leave them there.

• Solar energy costs 35 cents per kilowat. Coal, oil and gas? Less than a nickel.

• When a job is created using private equity, not only does it cost taxpayers exactly nothing, but the cost to investors is about $20,000 per job on average.  On the other hand, when Gubmint creates a job, it spends ten times as much -  $200,000 - and that's taxpayer money. (Unless the job is in WV, then it costs $1.35 million.)

 

So come November, make sure you vote for the venture capitalist ... not the venture socialist.

 

  

Comments

[Mannie Sherberg]

"Macher Emeritus"! What a dazzling coinage! A marriage of the Yiddish and the Latin ... of Molly Goldberg and Cicero ... of the yenta and the consul. Magnificent! On the less happy topic of a one-day temp counting as a "job created": As horrific as Friday's job numbers were, we can probably safely assume that, before being released to the public, they were doctored and massaged and primped up. We can only wonder what the REAL numbers -- the numbers before the BLS or the administration monkeyed around with them -- were. As Molly Goldberg would've said: ai-yi-yi! I have no idea what Cicero would have said.