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Where Is The Quantifiable Evidence That Jobs Are Being "Saved Or Created?"
10/27/09 | Laissez-Faire Capitalist

Posted on 10/27/2009 9:51:06 AM PDT by Laissez-faire capitalist

The Obama administration, from time to time, keeps saying that x number of jobs are being "saved or created" and yet we keep seeing more and more people losing their jobs.

It seems as if the Obama administration is saying that despite there being a net number of jobs lost, that x number of jobs are still being "saved or created."

If so, then where is the proof?

Where is the quantifiable evidence of where these jobs are being "saved or created" and when they were "saved or created" to back up the veracity of the so-called x number of jobs that Obama says (from time to time) are being "saved or created?"


TOPICS: Chit/Chat; Government; Politics; Society
KEYWORDS: 111th; barackobama; bho44; bhoeconomy; congress; corruption; democrats; economy; obama; socialism; socialist; taxes

1 posted on 10/27/2009 9:51:07 AM PDT by Laissez-faire capitalist
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To: All

Where is this quantifiable evidence?


2 posted on 10/27/2009 9:51:57 AM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist

Simply put, there is none!


3 posted on 10/27/2009 9:54:07 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Laissez-faire capitalist

"TRUST US"

4 posted on 10/27/2009 9:54:44 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Laissez-faire capitalist

"Quantifiable evidence? We ain't got no quantifiable evidence. We don't need quantifiable evidence."

5 posted on 10/27/2009 9:55:57 AM PDT by ClearCase_guy (Play the Race Card -- lose the game.)
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To: Laissez-faire capitalist

There is none.

They take us all for fools, and think that if you repeat a lie often enough, people will believe it.


6 posted on 10/27/2009 9:56:48 AM PDT by Rob the Ugly Dude
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To: Laissez-faire capitalist
They just pronounce this as prima-facie. Radical leftists don't need to prove anything.

If you still have a job, you have Barack Obama to thank for it for "saving" your job because of his "stimulus" plan. Q.E.D.

Don't brother looking for actual logic in liberal thought, it will only frustrate you.

7 posted on 10/27/2009 9:57:17 AM PDT by Zeddicus
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To: Zeddicus; Laissez-faire capitalist

Barack Obama saved MY job.

I would have quit a long time ago if I thought the market was good enough for me to find another one somewhere else.

See?


8 posted on 10/27/2009 10:00:20 AM PDT by bolobaby
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To: Laissez-faire capitalist

Well, we now have 35 czars, or is it now 40, that’s up about 400%.

Then add their staffs, their gophers, the restrurant waiters, the pizza delivery men, the limo drivers, the private aircraft staff, we have a mini boomlet in D.C.!


9 posted on 10/27/2009 10:04:27 AM PDT by aShepard
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To: Laissez-faire capitalist

“It was my understanding that there would be no math.”


10 posted on 10/27/2009 10:06:49 AM PDT by pogo101
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To: Laissez-faire capitalist
If so, then where is the proof?

More CZARS, Bureaucrats & Repo Men.

11 posted on 10/27/2009 10:08:13 AM PDT by charles1252
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To: Laissez-faire capitalist
The ambiguous term “created or saved” cannot be quantified.
12 posted on 10/27/2009 10:09:36 AM PDT by avacado
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To: Laissez-faire capitalist
Where Is The Quantifiable Evidence That Jobs Are Being "Saved Or Created?"

In Bammy's head.

13 posted on 10/27/2009 10:15:00 AM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: Laissez-faire capitalist

We have a flawless model that tells up that for every dx dollars of stimulus spent, dy jobs are saved. It’s all perfectly linear, an undergraduate could understand it, even at a state school. All you have to is multiply $timulus times dy/dx to get the correct answer.

Job$_$aved = $timulus x dy/dx

I suppose math is hard for you, though, since you don’t understand how really SIMPLE it is.

Of course the only jobs bureaucrats and politicians are really worried about saving are their own, which is the real value and genius of this formula.


14 posted on 10/27/2009 10:28:32 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: pogo101

Funny!


15 posted on 10/27/2009 10:41:00 AM PDT by charles1252
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To: Laissez-faire capitalist

They’re all in government.


16 posted on 10/27/2009 10:49:24 AM PDT by Califreak (Obama's Purple Reign must be stopped!)
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To: Laissez-faire capitalist
Fournatly for the Creator/Saver there is no way to quantify such data. In O you must trust. So to quote Bobby Mcfaren "Don't worry,... be happy, ... don't worry be happy now. Do do do"
17 posted on 10/27/2009 10:53:44 AM PDT by Phlap (REDNECK@LIBARTS.EDU)
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To: Laissez-faire capitalist
Found It!


18 posted on 10/27/2009 10:59:51 AM PDT by Young Werther ("Quae Cum Ita Sunt - Julius Caesar "Since these things are so!">)
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To: Laissez-faire capitalist
You are NOT supposed to ask questions like that!

What's the matter with you? Have you no respect for the Word of the Anointed???

CA....

19 posted on 10/27/2009 11:52:55 AM PDT by Chances Are (Whew! It seems I've at last found that silly grin!)
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To: Laissez-faire capitalist

Obammie said so!


20 posted on 10/27/2009 11:56:25 AM PDT by MortMan (Stubbing one's toes is a valid (if painful) way of locating furniture in the dark.)
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To: Laissez-faire capitalist

There is not a single shred of evidence. Not a one. Bottom line is that he is lying.


21 posted on 10/27/2009 6:52:51 PM PDT by KC_Conspirator
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To: Rummyfan; Doogle; ClearCase_guy; Rob the Ugly Dude; Zeddicus; bolobaby; aShepard; pogo101; ...
I thank each of you for taking the time to provide input. I appreciate it.

IMHO, I believe that the following drives home the point that Obama is lying through his teeth:

When - when were these so-called jobs “saved or created?”

Where - where in the U.S. were these jobs “saved or created?”

What - what jobs were “saved or created?” What specific jobs were “saved or created” and in what sector(s) of the U.S. economy.

All of the above (when, where and what) would be quantifiable evidence. All of the above must be backed by objective, verifiable proof.

If these points are rammed home often enough, Obama will not be able to as effectively lie through his teeth. He will be exposed as being a liar.

22 posted on 10/27/2009 8:33:08 PM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist

My tongue-in-cheek reply, about “we know we created jobss because we have a model” actually wasn’t completely tongue-in-cheek. An adminstration basically said words to that effect, although I would have trouble finding the citation.

In other words, we know we saved or created jobs for the same reason that we know that burning fossil fuels causes global warming: the computer says so.


23 posted on 10/28/2009 2:38:56 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Laissez-faire capitalist

My company sent me home early yesterday, I may be laid off before the end of the week.


24 posted on 10/28/2009 3:06:45 AM PDT by Eye of Unk ("If there must be trouble, let it be in my day, that my child may have peace." T. Paine)
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To: Lonesome in Massachussets; All
Computers don't program themselves. They have to be programmed, and the Obama administration can hire people who can program a computer(s) to spit out the data that the Obama administration wants to hear.
25 posted on 10/28/2009 6:22:50 AM PDT by Laissez-faire capitalist
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To: Eye of Unk

I am truly sorry to hear that.


26 posted on 10/28/2009 6:23:46 AM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist

I agree.

The official, again I don’t have the patience to look up the citation, basically said that they “knew” that such and such number of jobs had been saved or created because they had computer models that said that they should be.

The official’s argument was that their predictions didn’t matter, because the noise, the perturbations, were larger than the response. His claim was that without the stimulus the results would have been that much worse.

Or course, his assertion is essentially unverifiable and unrefutable. We can never get a do-over and go back to February and not pass the “stimulus”, there is no control group, there is no controlled experiment.

Every politician should be required to take courses in statistics, regression analysis and the design of experiments, but that will never happen.


27 posted on 10/28/2009 6:47:00 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Lonesome in Massachussets

Funny how that official could take a leap from their should be jobs created to their would be jobs created by the stimulus bill.

So, based upon their own words, since they have no objective verifiable proof to back up their claims, there projections could be wrong, because, indeed, they are just projections.

How do we know that they aren’t just making it up that they have this computer program, and how do we know that what they are saying the computer program is projecting isn’t made up?

In the end, given the state of the economy, their computer program is obviously flawed.


28 posted on 10/28/2009 8:35:46 AM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist

The “computer program” is almost certianly a linear regression model. Linear regression is the holy grail of social sciences, most especially economics. Applied honestly and rigorously, it can be an extremely useful tool.

I am not saying that the Obama adminstration’s officials did not apply these tools honestly or rigorously, but linear regression has limitations and pitfalls.

It takes enormous self displine and intellectual honesty to admit that you don’t have all the answers. People who have the intellectual honesty to admit that they do not have all the answers are rarely ever successful politicians.


29 posted on 10/28/2009 8:58:03 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Lonesome in Massachussets

GIGO

Garbage in, garbage out.


30 posted on 10/28/2009 9:08:02 AM PDT by Texas resident ( Doing my part to piss off the heathen left.)
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To: Lonesome in Massachussets

Excellent points. Excellent.

I am going to look for that officials statement on this computer program that the Obama administration is relying upon for the jobs that are supposedly “saved or created.”

If you can find a link to that official’s statement before I arrive at it, please post it here if you would. No rush -whenever you get the chance - if you desire to. If not, and I arrive at it first, then I will post it here.

I thought of something: We can call this computer that is supposedly giving the Obama administration their stats on jobs saved or created, “COTUS”

Computer Of The United States.

I kinda wonder if COTUS is programming TOTUS. Maybe that is the reason why TOTUS keeps breaking down. LOL.


31 posted on 10/28/2009 9:21:39 AM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist
I don't think he used the words "computer" or "model", just words to the effect "We know that that much spending creates these many jobs", which, to someone trained and experienced in computer modeling, can mean only one thing: he's talking about a computer model.
32 posted on 10/28/2009 9:58:00 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Lonesome in Massachussets

I found an article where Joe Biden said that White House computer models had shown that the stimulus bill had already saved between 500,000 and 750,000 jobs.

COTUS is ruining the economy.


33 posted on 10/28/2009 10:03:25 AM PDT by Laissez-faire capitalist
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To: Laissez-faire capitalist

Oh, Joe Biden said it, then of course it must be true.

He knows, because the COTUS told him so and COTUS is never wrong.


34 posted on 10/28/2009 10:12:01 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Laissez-faire capitalist

I repeat, it takes enormous self discipline and intellectual honesty to admit that you don't have all the answers.


35 posted on 10/28/2009 10:14:34 AM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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To: Laissez-faire capitalist

Here’s what one of my favorite libertarian economists has to say about the administration’s claims:

http://corner.nationalreview.com/post/?q=MmJjYzRkNzkxZDYyZDYxMGQwMWQ1MThmNWMwODUzN2Q=


36 posted on 10/28/2009 3:15:37 PM PDT by Lonesome in Massachussets (The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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