19 February 2010

How the government fudges job statistics | Analysis & Opinion | Reuters

Ye flippin' stars, this is from Felix Salmon!
In the Marketplace letters segment yesterday, Representative Peter DeFazio (D-Oregon) took issue with me saying that infrastructure investment is an extremely expensive way of creating jobs and “costs a good $200,000 per job”. Just as well I didn’t use the $1 million figure here, which I stand by, and which was fact-checked by the Atlantic!
How the government fudges job statistics | Analysis & Opinion | Reuters

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