The federal stimulus has created 47,704 jobs in Texas, according to the Houston Chronicle.
How much stimulus does it take to create 47,704 jobs? $4.6 billion. That means each job cost taxpayers $96,727. Claims and counter-claims are being made about stimulus job creation, but despite the rhetoric, the cost per job is a sobering statistic.
If you want to see the details, claims and counter-claims check out the Chronicle’s analysis by Stewart Powel and Yang Wang.
For a more detailed, but still short, report claiming that the stimulus has not helped Texas, see the Texas Public Policy Foundation report, By the Numbers: Texas Stimulus (PDF)