NBC News: $787 Billion Stimulus = 4.2 Million Jobs Added (Actually 1.25 Million Jobs At $629,600 Per Job)

According to NBC News, “When the $787 billion federal stimulus was signed into law exactly five years ago this Monday, the U.S. economy was losing almost 800,000 jobs per month. Now? More than 4.2 million jobs have been added since March 2009.”
Actually, the civilian labor force has grown by only 1,250,000 since January 2009.

And the civilian labor force participation rate has fallen from 77.6 in January 2009 to 75.6% today.

Real median household income has fallen from $53,285 in 2009 to around $51,000 in 2013.

So, the Federal stimulus of $787 billion translated into $629,600 per job added since January 2009. And a decrease in real median household income of over $2,000.
And you wondered why M2 Money Velocity was so low?

I know, I know. Nobel Laureates Paul Krugman and Joe Stiglitz want MORE stimulus!

Today’s Stimulus Anniversary Parade in Washington DC with taxpayers showing their appreciation for adding 1.25 million jobs at $629,600 per job.