Corporate Welfare

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The Trump Carrier deal is about  800 workers, at most, in a nation of 145 million workers. It is hard to put big numbers in perspective. I struggle with this all the time. However to put 800 jobs in perspective consider the following:

  • 1% (or 1 in 100) is 1,450,000.
  • One in 1,000 is 145,000.
  • one in 10,000 is 14,500.
  • One in 100,000 is 1,450.

So saving 800 jobs is like saving something less than 1 in 100,000 jobs. Presidents usually focus on policies that move unemployment by 1% or 0.5% not in the range of .001% to .01%. Trump is indeed shooting small by a factor of 100 to 1000. And at what cost – could the money be better spent?