Comment Someone can't math (Score 1) 309
The state is paying $270,769 each to purchase jobs that will pay its citizens an average of $54,000 each.
Math 3,000,000,000 divided by 13000 is 270,769.
If you presume that the citizens don't immediately flee the state in terror the payback to the state (not the state government) is 4.27 years, less if you assume that the businesses that they spend their money at turn around and also spend their money in state or that the original 10 Billion is actually spent in state.
Now we face a typical political question do governments exist to make the state richer or to make the state GOVERNMENT richer?
Would you pay $270,769 to get your kids an extra average of $54,000 per year?
Sounds a lot like college doesn't it?
What if I doubled it and made it $541,538 to make an extra $108,000 per year?
Now it sounds like Medical school.
Are parents suckers for putting their kids in Medical school?