Stimulus Jobs cost $160,000 Per Job or More

$159,000,000,000 in stimulus spending has been allocated by the end of September. The White House is claiming 640,329 jobs as being saved or created, but they think the actual number is closer to one million. They can not tell anyone exactly which jobs were saved and which jobs were created. Some claim as few as 30,083 new jobs. Let's do some math.

$159,000,000,000/1,000,000=$159,000
$159,000,000,000/640,329=$238,345
$159,000,000,000/30,083=$5,285,377

The cost of each stimuls job is somewhere between $159 thousand and $5.2 million.

From Political Punch at ABC:

Posting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30.

Officials acknowledged the numbers were not exact, saying that states and localities that reported the numbers have made mistakes....

So let's see. Assuming their number is right -- 160 billion divided by 1 million. Does that mean the stimulus costs taxpayers $160,000 per job?