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Lying About Jobs
Investors.com ^ | April 21, 2010 | INVESTORS BUSINESS DAILY Staff

Posted on 04/21/2010 5:05:07 PM PDT by Kaslin

Politics: It's bad enough having a jobless recovery with jobs "saved or created" in nonexistent congressional districts and ZIP codes. Now the administration is measuring stimulus progress by moving the starting point.

We, and others, have commented on how hard it was to measure a job that was "saved" by the administration's stimulus package.

You can't prove that a teacher, say, would have lost his or her job in the absence of federal stimulus money. Then there's always the question of what happens when the stimulus money runs out.

Administration claims of "saved or created" jobs were always suspect, especially as the unemployment rate rose above a promised stimulus ceiling of 8% to near double digits. As people keep asking where are the promised jobs, the administration has hit upon a new deceit — change the point from which you measure progress.

A report was touting the success of the administration's stimulus package even before it was sworn in. Released on Jan. 10, 2009, the report showed joblessness peaking at just below 8% under the American Recovery and Reinvestment Act.

Without stimulus, we were told, there would be 133.9 million jobs in the U.S. in the fourth quarter of 2010. That's the baseline. With stimulus, we would have almost 3.7 million more than that.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Editorial; Government
KEYWORDS: agenda; bho44; corruption; cultureofcorruption; economy; fubo; government; jobs; obama; obamasamerica; porkulus; savedjobs; stimulus; unemployment; zero

1 posted on 04/21/2010 5:05:07 PM PDT by Kaslin
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To: Kaslin

Lies, lies and more lies.


2 posted on 04/21/2010 5:38:27 PM PDT by mulligan
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To: Kaslin

Yes we can! Lie.


3 posted on 04/21/2010 6:07:41 PM PDT by skeeter
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To: Kaslin

Lets put Obama out of his job.


4 posted on 04/21/2010 6:30:31 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Kaslin
Obama’s faux job creation should really be called his job killer number because we are in much worse shape unemploymentwise since he took office! When I read this one yesterday it really clearly shows just how bad it really is out there: http://www.businessinsider.com/fully-70-of-american-households-are-still-experiencing-financial-problems-2010-4

I do think the unemployment rate is going to kill the Dems in November.In 2006 they promised Americawonderful days ahead and all they got instead was $3 gasoline and a pink slip.

5 posted on 04/21/2010 6:43:45 PM PDT by chris_bdba
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To: chris_bdba

http://www.businessinsider.com/fully-70-of-american-households-are-still-experiencing-financial-problems-2010-4


6 posted on 04/21/2010 6:44:16 PM PDT by chris_bdba
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To: mulligan

Lies, Damn Lies, and Obama.


7 posted on 04/21/2010 6:48:35 PM PDT by CondiArmy
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To: Kaslin

We have been saying all along this socialist administration was going to fake economic data in Soviet style by showing the GDP and unemployment much better than they really are. Wait until the fake GDP number for the first quarter of 2010 comes in the next few days.


8 posted on 04/21/2010 6:56:44 PM PDT by jveritas (God bless our brave troops)
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To: skeeter
They lie because they can. They lie because they know that the liberal media not only will hide their lies but will defend their lies and savagely attack anyone who exposes their lies. The good news that their lies and their liberal media lies are not working anymore with the majority of voters. Our side also has media and it is now more powerful and has more audience than their socialist liberal media.
9 posted on 04/21/2010 6:59:33 PM PDT by jveritas (God bless our brave troops)
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To: jveritas
Good point. Its easy to forget how bad it was before Reagan repealed FDR's ill-named 'Fairness Doctrine'.

Conservatives had almost NO voice before then.

10 posted on 04/21/2010 7:53:15 PM PDT by skeeter
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To: mulligan

Lots of lies, and lies, and lies. Notice how Newsweak and a few other liberal MSM outlets are once again proclaiming the economy is good, just like they lies when they claimed “green jobs”, “shovel ready jobs”, and false claims of the stimulus jobs bill “green shoots”.


11 posted on 04/21/2010 7:58:27 PM PDT by KC_Conspirator
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To: markomalley; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; 70th Division; 2ndDivisionVet; ...

ping


12 posted on 04/21/2010 7:59:20 PM PDT by raptor22 (The truth will set us free)
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