White House says stimulus package exceeds jobs goal ("Recovery Act" Hugh Succe$$ by some measures?)

Reuters on Yahoo ^ | 11/18/10 | Jeff Mason

[NormsRevenge]

WASHINGTON (Reuters) – President Barack Obama's $814 billion stimulus package has "by some measures" exceeded its goal of saving or creating millions of jobs, the White House Council of Economic Advisers said on Thursday.

In its fifth quarterly report on the "Recovery Act" passed by Congress shortly after Obama took office in January 2009, the CEA said the package added 2.7 percent to third-quarter GDP growth and raised employment by 2.7 million to 3.7 million jobs.

"The report shows that the Act played a key role in changing the trajectory of the economy," the CEA said in a statement accompanying the report.

"Specifically, the Recovery Act added 2.7 percent to third quarter GDP growth and by some measures has exceeded the original goal of creating or saving 3.5 million jobs by the end of 2010."

[Diana in Wisconsin]

Um...not in MY neck of the woods! These Gomers in DC are on crack!

[Army Air Corps]

Man, they are smoking some high-octane weed on the White House.

[Army Air Corps]

Man, they are smoking some high-octane weed in the White House.

[rockinqsranch]

Consider the source.

[SandRat]

On what planet???

[Carley]

If only we knew........everyone would have voted demoRat in the mid terms.

[SunkenCiv]

"The goal was to create MORE unemployment and force through intrusive, Constitution-killing legislation."

[MadJack]

But what if a guy doesn’t want to be in TSA or the Black Panthers?

[ColdOne]

growth and raised employment by 2.7 million to 3.7 million jobs In what country?

[rdl6989]

Those idiots haven’t been out here in the Midwest recently.

[Gabrial]

Bovine excrement like this does not justify a response.

FUBO

The millions you have put out of work are aching for the 2012 elections.

[PROCON]

("Recovery Act" Hugh Suce$$ by some measures?)

Hugh and a series lie!

[rdl6989]

Do these people have a clue?

[WeatherGuy]

On what planet???

It's Reuters. They live on their own planet - Insaneium.

[Bean Counter]

[Hoodat]

President Barack Obama's $814 billion stimulus package has "by some measures" exceeded its goal of saving or creating millions of jobs, the White House Council of Economic Advisers said on Thursday.

The truth simply isn't in these people.

[shteebo]

Remembering that scene from “Animal House” where Otter describes a zany lie designed to explain away how the car Flounder borrowed got trashed.

Flounder: “Will that work?”
Otter: “Hey, it’s gotta work better than the truth.”

I imagine a lot of White House statements are arrived at in that fashion.

[Nachum]

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[ExTexasRedhead]

Sniffing glue or just plain insane?