$500k per job: Obama buys NH buses

The Union Leader reports:

Here is the Obama administration's idea for how to stimulate the New Hampshire economy: Provide Boston commuters with free buses.

The U.S. Department of Transportation announced on Friday that it is sending $2 million in stimulus money to the state DOT to buy four buses. The buses will be owned by the state. Boston Express will use one pair, and C&J Trailways will use the other -- all for free. C&J co-owns Boston Express with Concord Coach.

"These funds are creating jobs now while investing in the future of our transit systems," Administrator Peter Rogoff of the Federal Transit Administration (FTA) said in Friday's news release. "The public's demand for transit service continues to grow, and these dollars will help meet that need."

That sounds nice. But it isn't true.

You'll want to read the whole editorial to see how only 4 or 5 jobs will be created. The stimulus package really was a scam on a grand scale.