Are you feeling that “Stimulus” yet?

According to Recovery.gov, the stimulus has created 288 jobs in Illinois. From  funds received, that’s a cost to taxpayers of $75,173 per job. Wow! No word on jobs “saved.”

President Obama signed the stimulus into law in February 2009. Illinois’s unemployment rate was 9.2 percent. Seven months later, Illinois’s unemployment rate hit 10.5 percent in September — a 26 year high. Some recovery. Meanwhile, our 2009 federal deficit surges to $1.42 trillion, “more than three times the most red ink ever amassed in a single year.”

More at Illinois Policy Institute

The number of unemployed people in Illinois as of September: 687,692

The number of unemployed people in Illinois as of February: 622,197

Net loss of jobs in Illinois: 65,495 jobs lost in Illinois, or approximately the population of the entire city of Champaign.

Time required to create jobs for all of Illinois unemployed at this rate: 1392 years