Obama: "It is unacceptable that the U.S. ranks 15th in the world in broadband adoption"

Re:Obama: "It is unacceptable that the U.S. ranks 15th in th... by Xichekolas on Monday December 08, 2008 @02:15PM (#390205)

"They estimated that each billion dollars spent would create up to 40,000 jobs."

Not sure who is doing the math here, but if you divide a billion by 40k, you get $25k per person... and nothing left over to spend on materials. So the workers will either get significantly less than $25k a year for these jobs, or the concrete and bulldozers will be free.

Far more likely, I'd guess, is that the 40k jobs figure was pulled out of somebody's backside.

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Re:Obama: "It is unacceptable that the U.S. ranks 15th in th... by jcl on Monday December 08, 2008 @02:53PM (#390276)

Not that I necessarily agree with their logic, but presumably they are estimating that the net economic benefit of the things created with the billion dollars exceeds a billion dollars.

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Re:Obama: "It is unacceptable that the U.S. ranks 15th in th... by Xichekolas on Monday December 08, 2008 @05:04PM (#390461)

Ah good point. For some reason I was reading as "a billion dollars will fund 40k people".

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