Posted on 01/13/2010 5:10:21 AM PST by shove_it
WASHINGTONThe Obama administration, in its latest progress report on the $787 billion stimulus program, said both the overall economy and employment continued to be in better shape at the end of 2009 than they would have been without the governments help.
The councils report, the second of the quarterly assessments mandated by Congress, said that in the fourth quarter the stimulus plans tax cuts and spending added about 2 percentage points to the gross domestic product, which is the size of the economy as measured by the total goods and services produced.
Though unemployment reached 10 percent at years endtwo percentage points higher than the peak that the council forecast when the administration proposed the stimulus package to Congress nearly a year agothe number of jobs was between 1.5 million to 2 million greater in the fourth quarter than it would have been without the recovery plan, the council said.
Of course, with the unemployment rate still at 10 percent, the American economy is far from healthy, the report said. But there is little question that the economy is on the road to recovery.
[...]
(Excerpt) Read more at nytimes.com ...
He seems to think that people will believe anything he says.
What’s a saved job?
Reminiscent of press releases out of the old USSR. Just who do they think they're fooling with this BS?
Have the oceans begun to recede yet?
Simple! A saved job is a job that could have been lost but never was and it is measured by declines in job approval polls. For every percent decline in approval polls for this administration, another million jobs are declared saved in an attempt to make things look good. Don't believe me? Call Rahm or David and ask!
I wasn't expecting pure fiction until later this year.
More LIES and BULL$HIT from the washington gangsters!! Come on, November...can't get here soon enough.
“Whats a saved job?”
The porkulous subsidized bloated state budgets.
It just postponed layoffs for a year.
both the overall economy and employment continued to be in better shape at the end of 2009 than they would have been without the governments help.
Thanks for clearing that up.
;0)
Can the American public see a detailed breakdown of the 2 million jobs?
“He seems to think that people will believe anything he says.”
It got him elected, so he’s going to stick with it. Very similar to the guys who keep trying to use aircraft to apply their vocation on us.
And yet, a sizeable percentage of the American public will read this and nod their clueless heads in agreement.
One cannot believe anything our federal, state or local governments say these days.
Guess what? They're doing fine! No reform needed! Ideas like trimming benefits, increasing retirement age, or anything else you can think of would be silly. There's plenty of money in the system to handle outstanding obligations.
To: Obama, and Obama Administration,
YOU LIE!
Signed, Joe American.
The Audacity of a dope .... knows no bounds.
Yeah, Barry O is a real marxist pinhead...
Doesn't he know that he should be undermining our economy with more "free trade" agreements so that even MORE jobs can be downsized and outsourced offshore????
Holy cow... how else are we supposed to make room for all those ignorant, unskilled illegal immigrants they keep letting across our border???
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