Graph of the Day for March 12, 2010

"Obama called it [the stimulus] the largest public-works program since the creation of the interstate highway system in the 1950s.  The plan includes spending on what Obama called ‘shovel-ready' projects to rebuild roads, make buildings energy efficient, modernize schools and upgrade hospital technology.  The Democrat's blueprint is the right approach because projects such as roads incur maintenance costs that create jobs over the long term, said Sean Snaith, a University of Central Florida economist. ‘It's time-release medicine for the economy,' he said.  Minnesota GOP Gov. Tim Pawlenty criticized the plan on CNN's Late Edition as driving up federal debt."  USA Today, December 2008.

Source:  Veronique de Rugy via Big Government.

Hoven's Index for March 12, 2010

Number of jobs "created or saved" per  594,754.3

Fraction of those jobs that are in the Dept. of Education:  over 2/3

Number of public-sector union employees in 2009:  7.9 million

Number of private-sector union employees in 2009:  7.4 million

Fraction of all union jobs that are in Education:  1/3

Source:  Veronique de Rugy via Big Government.

Graph of the Day Archive.