States and local governments pay huge amounts to corps. for the
promise to create jobs.  No More Candy Store used to recount the
abuses.  I have not checked it recently.  Max was the one who first
pointed out their. work.

On Sun, Aug 21, 2011 at 3:34 AM, Gar Lipow <[email protected]> wrote:
> I find the following statistic various places "Adding 1 million jobs
> cuts deficit  by 54 billion".  For example:
> http://www.ourfiscalsecurity.org/deficit-101. As a source in turn it
> links to 
> http://www.whitehouse.gov/sites/default/files/omb/budget/fy2009/pdf/hist.pdf
>  which is 342 pages, and does not contain that statistic as far as
> intensive searching can determine. Nor does further searching turn it
> up.
>
> I know x jobs = x deficit reduction is pretty crude. After all what
> kind of job matters among other things. Still someone must have come
> up with some rough estimate somewhere - either the 1 million jobs
> equal 54 billion in deficit reduction or some other number.  Help on
> this would be greatly appreciated. Thanks.
>
> --
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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