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Tags: Stimulus | Jobs | Cost | 228k | Trump Could Almost Fire Obama | Google Spins Right | Charlie Cook

Stimulus Jobs Cost $228,055 Each

By    |   Sunday, 27 February 2011 03:06 PM EST

Insider Report

Headlines (Scroll down for complete stories):
1. Newsweek Poll: Trump Fares 'Surprisingly Well' vs. Obama
2. Google Spins Right to Woo Resurgent GOP
3. Charlie Cook: If Jobs Grow, Obama's a Lock in 2012
4. Satellite Images Expose Syrian Nuclear Facility
5. CBO: Stimulus Jobs Cost at Least $228,055 Each

1. Newsweek Poll: Trump Fares 'Surprisingly Well' vs. Obama

A stunning new poll shows that Barack Obama would barely beat business tycoon Donald Trump in a head-to-head race for the presidency.

In the Newsweek/Daily Beast poll, Obama received 43 percent of the votes, while Trump — who has announced that he is seriously considering a run for the White House in 2012 — was right behind with 41 percent.

The survey also found Obama leading Mitt Romney by two percentage points, 49 percent to 47 percent. In a three-way race with Trump, Obama got 44 percent, Romney 38 percent, and Trump 8 percent.

But Trump fared far better in a three-way contest involving Sarah Palin. While Obama received 51 percent to Palin's 40 percent in a head-to-head matchup, with Trump in the race Obama dipped to 48 percent, Palin plunged to 21 percent, and Trump received 20 percent.

"We found that some of the GOP's biggest names would be wise to keep an eye out for Trump, who did surprisingly well," Newsweek observed.

"Could he play the Ross Perot wild-card role in 2012?"

In a recent interview with Newsmax.TV, Trump declared that "there's a very good chance" he will run for president, saying, "I hate what's happening to this country."

Editor's Note:

2. Google Spins Right to Woo Resurgent GOP

Republican gains in the November elections have prompted traditionally left-leaning tech giant Google to curry favor with the resurgent GOP.

Google has a "singular reputation among Republicans as a committed Democratic ally, owing largely to the personal affiliations of its ranks," Fortune magazine observed.

Google's outgoing CEO Eric Schmidt campaigned for Barack Obama and has served as a key economics adviser to the president. And in the last election, Google employees gave 83 percent of their political contributions to Democrats, according to the Center for Responsive Politics.

But Google has now recruited Seth Webb, "a savvy staffer wired into House GOP leadership," to an in-house lobbying group, Fortune reported.

Google has also joined the Congressional Institute, which helps fund House Republicans' annual retreat, and invited a parade of GOP lawmakers to visit its headquarters in Mountain View, Calif.

"We've believed for a long time that it's important to build relationships on both sides of the aisle," a spokesperson told Fortune.

The strengthened relationship with Republicans could help Google deal with complaints about the company's lax attitude toward privacy and intellectual property, topics that might garner adverse attention from GOP lawmakers.

And it could play a positive role in Google's attempt to overcome antitrust concerns about its $700 million agreement to acquire Cambridge, Mass.-based travel data firm ITA Software. Those concerns could well be behind Google's recent hiring of a Republican staffer from the House Judiciary Committee.

Editor's Note:

3. Charlie Cook: If Jobs Grow, Obama's a Lock in 2012

Political analyst Charlie Cook says a small dip in the unemployment level could make it difficult for Republicans to beat President Barack Obama in 2012.

He also says the GOP is likely to nominate a presidential candidate who is "in between" a Sarah Palin and a Ronald Reagan.

Cook, who writes The Cook Political Report, said in a video interview for National Journal: "My hunch is that if unemployment is at or anywhere near the 9 percent level where it is right now, that's a very tough time for an incumbent president. Conversely if it drops down to near 8 percent, I think President Obama would be very tough to beat.

"I think the fundamentals are important, but obviously who the Republicans nominate is important too. My assumption is that Republicans are not going to nominate someone who is just totally radioactive and can't attract any independent votes at all — Sarah Palin or someone like that.

"But on the other hand I think any expectation that Republicans are going to have a reincarnation of Ronald Reagan, a charismatic candidate that's going to really resonate incredibly well with everyone, that's probably unrealistic too.

"It's probably going to be somebody who's sort of in between, and that gets back to where's the economy and the perception of how is President Obama doing. It is a referendum on the incumbent president and there's nothing that's more important than the economy."

Cook added: "We'll see. It's going to be a fun two years."

Editor's Note:

4. Satellite Images Expose Syrian Nuclear Facility

Recent satellite images have exposed a uranium conversion site in Syria that was intended to provide fuel for the nuclear facility Israel reportedly bombed in 2007, according to a U.S.-based research institute.

Syria maintains that the Dair Alzour site bombed by Israel was not a nuclear facility, while continuing to bar United Nations scientists from inspecting the site.

American intelligence reports have stated it was a North Korean-designed reactor designed to produce fuel for nuclear weapons.

Now Washington's Institute for Science and International Security (ISIS) has reported that the satellite images reveal a site in Syria to be a "small uranium conversion facility" that was "functionally related" to the bombed Syrian reactor at al Kibar.

The site was intended for "processing uranium yellowcake into uranium tetraflouride," according to Wednesday's report cited by the Israeli newspaper Haaretz.

"This facility could have been related to the process of making fuel for the planned al Kibar reactor."

ISIS also claimed the images showed that Syria was attempting to conceal evidence of their nuclear efforts.

Editor's Note:

5. CBO: Stimulus Jobs Cost at Least $228,055 Each

The jobs that were created and saved by the economic stimulus legislation that President Barack Obama signed in February 2009 cost at least $228,055 each, according to new data from the Congressional Budget Office.

In a report released on Wednesday, the CBO said it now estimates the stimulus bill costs $821 billion, up from its original estimate of $787 billion.

The CBO also estimated that in the fourth quarter of 2010, between 1.3 and 3.5 million people were employed who would not have a job if the stimulus had not been enacted.

The CBO also estimated that between 1.4 and 3.6 million were employed as a result of the stimulus bill during the third quarter of 2010.

The figures take into account not only the new jobs believed to have been created, but also the existing jobs that were saved that would otherwise have been lost.

So the $821 billion cost of the stimulus, divided by the maximum of 3.6 million jobs the CBO believes were saved or created, equals $228,055 for each job, according to CNS News.

Taking the 1.4 million figure for jobs created or saved means each job cost $586,428.

Footnote: When President Obama signed the stimulus bill, the national unemployment rate was 8.2 percent. In January 2011, it was 9 percent.

Editor's Note:

Editor's Notes:

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Insider ReportHeadlines (Scroll down for complete stories): 1. Newsweek Poll: Trump Fares 'Surprisingly Well' vs. Obama 2. Google Spins Right to Woo Resurgent GOP 3. Charlie Cook: If Jobs Grow, Obama's a Lock in 2012 4. Satellite Images Expose Syrian Nuclear Facility 5....
Stimulus,Jobs,Cost,228k,Trump Could Almost Fire Obama,Google Spins Right,Charlie Cook,Syrian Nuclear Facility
Sunday, 27 February 2011 03:06 PM
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