Michigan’s $1.8 BILLION Jobs Initiative only Created 602 Jobs—that’s $3 MILLION per Job: Report

Michigan’s $1.8 BILLION jobs initiative only created 602 jobs—that’s $3 MILLION per job: report

With a total of 602 jobs, the $1.8 billion breaks down to about $3 million spent to create each job.

Big Win, Michigan! Whitmer Drops $1.8 Billion for 602 Jobs … That’s $3 Million Per Job, Folks, Womp Womp

Michigan spent $1.8B under Whitmer, creating only 602 jobs—$3M per job, raising economic concerns.

Michigan spent $1.8 billion and only created 602 jobs

One of the great economic myths that never seems to die is the idea that giving taxpayer money to a private company will yield a windfall, incentivizing the company to create jobs and generate wealth that otherwise would not exist. And yet time and time again, the benefits fall far short of what was promised, if they materialize at all. A new report suggests the state of Michigan is the latest to learn that lesson the hard way. "Michigan Gov. Gr…