Posted on 02/02/2010 7:23:05 PM PST by Free ThinkerNY
President Obama veered off script – and away from the facts – when he spoke about the stimulus bill today in Nashua, NH.
“Now, if you hear some of the critics, they'll say, well, the Recovery Act, I don't know if that's really worked, because we still have high unemployment,” the president said. “But what they fail to understand is that every economist, from the left and the right, has said, because of the Recovery Act, what we've started to see is at least a couple of million jobs that have either been created or would have been lost. The problem is, 7 million jobs were lost during the course of this recession.”
Um, it’s not true that “every economist” has said the Recovery Act has saved or created two million jobs.
What have some of them said?
The chair of his Council of Economic Advisers Christina Romer wrote last month that “The CEA estimates that as of the fourth quarter of 2009, the ARRA has raised employment relative to what it otherwise would have been by 1½ to 2 million.”
In her blog she wrote “approximately 2 million people are employed who otherwise would not be, because of the Act.”
At the end of November, Congressional Budget office Director Douglas Elmendorf wrote that because of the stimulus bill “in the third quarter of calendar year 2009, an additional 600,000 to 1.6 million people were employed in the United States..”
But clearly other economists are much more skeptical, including Dan Mitchell at the libertarian Cato Institute, and J.D. Foster at The Heritage Foundation.
Some economists say the whole notion of counting“saved or created” jobs is impossible. Harvard University labor economist Lawrence Katz told ProPublica that trying to count how many jobs have been saved or created is “a silly exercise.”
(Excerpt) Read more at blogs.abcnews.com ...
“Every Economist from Left and Right” Says Stimulus Saved”...their jobs, their and their families’ lives, and their political power.
That’s better.
YOU LIE!!!
So, I guess it’s “settled science” then, huh? Barry is FOS.
This “saved or created” bit has grown tiresome and old...not to mention it’s crap. How about pay attention to the real numbers...the NET change. Fabricated numbers don’t help the economy.
Christina Romer is very pleasant but like most people running the Obama government is totally FULL OF CRAP!
Desperation grows.....
I think he means “each teleprompter, from left to right”.
The guy is crazy. He thinks that if he says something, it is therefore automatically true. What a twit. What a dangerous twit.
Obama has got to be the most prolific liar ever in U.S. politics, maybe the world, and maybe for all of time. Incredible.
This is all crap. Obviously, the money was not used to provide capital to expand private business or otherwise for creating productive jobs. They dumped it all into government or for political payoff. More government jobs does not help the free economy one iota! Robbing Peter (the tax payer) to pay Paul (a government paper shuffler) doesn’t do a damn thing for us.
Obama is an idiot.
He meant “every economist from left to far left”.
How many times did he blame Bush in this little pep rally?
geez tis guy is getting more bald faced in his lies every day
It would seem he has absolutely no training in economics, finance, accounting, math or the sciences. It is entirely possible he believes this crap, even in the face of overwhelming empirical evidence to the contrary. He is the biggest piece of crap to ever be elected to the highest office in the land — by a very wide margin.
Dude’s been saying all kinds of funny things today.
Did somebody mess with the TelePrompTer?
Don’t forget some in the Islamic world read right to left.
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