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Re:Foxconn to Build $10B Factory in U.S by bbayles on Wednesday July 26, 2017 @07:26PM (#14861306)
The article states that: "At $3 billion for 13,000 jobs, the Wisconsin deal would cost $231,000 per job."

By comparison, economists have estimated $125K/job-year to $202K/job-year from the 2009 stimulus (ARRA). [1]

[1] https://files.stlouisfed.org/files/htdocs/publications/revie... , page 3

Re:Foxconn to Build $10B Factory in U.S by weberc2 on Wednesday July 26, 2017 @08:14PM (#14861575)
I'm confused about the comparison between cost per job and cost per job year. Presumably this (the Wisconsin deal) would be the better deal as the jobs presumably last more than one year?
Re:Foxconn to Build $10B Factory in U.S by syshum on Wednesday July 26, 2017 @08:54PM (#14861763)
Doubtful alot of the Recovery Act was for One Time Construction projects, like paving a road.

There were also alot of one off projects like sending people out to help with Energy Efficiency in homes.

There was not alot of long term stable jobs in there.

Re:Foxconn to Build $10B Factory in U.S by weberc2 on Thursday July 27, 2017 @12:04AM (#14862617)
Your first sentence suggests that you disagreed with my previous post, but your rationale very much supports my point. Spending 125-250K on a job that only exists for a year is markedly worse than paying a comparable amount for a job that lasts many years.
Re:Foxconn to Build $10B Factory in U.S by syshum on Thursday July 27, 2017 @06:11AM (#14863948)
I dont think the government should be paying for any job.

I disagree with this corporate subsidy, and I disagreed with the Recovery act

Re:Foxconn to Build $10B Factory in U.S by weberc2 on Thursday July 27, 2017 @09:26AM (#14864992)
That's fine, but my statement was neither for not against. Just observing that one appears to be a better bargain than the other.
Re:Foxconn to Build $10B Factory in U.S by wavefunction on Wednesday July 26, 2017 @09:59PM (#14862074)
What about all the Wall Streeters bailed out? Those are long-term stable jobs, after a fashion.
Re:Foxconn to Build $10B Factory in U.S by grizzles on Wednesday July 26, 2017 @08:51PM (#14861754)
That should just about cover Trump's first term.
Re:Foxconn to Build $10B Factory in U.S by zachrose on Wednesday July 26, 2017 @10:25PM (#14862209)
Interesting to think of this as a highly inefficient welfare system for the electoral college.