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How Effective Was The 2009 Stimulus Program? – Nick Schulz – Economics 2.0 – Forbes

July 6, 2011

Take the Montana project. The area is not in any meaningful sense unserved or even underserved. As many as seven broadband providers, including wireless, operate in the area. Only 1.5% of all households in the region had no wireline access. And if you include 3G wireless, there were only seven households in the Montana region that could be considered without access. So the cost of extending access in the Montana case comes to about $7 million for each additional household served.

via How Effective Was The 2009 Stimulus Program? – Nick Schulz – Economics 2.0 – Forbes.

7 million dollars for each additional household served?

Put that in a campaign ad. BOOM!

Government spending… inefficient at best and down right criminal at worst….

 

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One Comment
  1. July 6, 2011 10:15 pm

    Even more ridiculous, I heard some liberal on the news the other day attempt to argue that the stimulus would have worked had they only been allowed to spend and additional one to one and a half TRILLION more dollars. (choke, gag, sputter in disbelief…)

    First, and admission that the stimulus DIDN’T work, followed by the “if you just give me more credit cards, I’ll have more money” defense.

    Sickening.

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