Posted on 11/24/2009 1:21:26 PM PST by Shellybenoit
The recent unemployment figures. over 10% of Americans out of work, blows through the President's projection at the time of the porkulous debate. At that time, America was promised that if his bill was passed, unemployment would not rise higher than 8%.
The spike in unemployment is a black-eye to the president as it is proof that the President's plan of government spending like a drunken sailor on shore leave is doing very little to help the economy. The administration is so embarrassed about the bad numbers that they have revised their promises. Job creation is no longer the bell weather statistic, now it is a bogus statistic called jobs created or saved.
This is how William McGurn described the term for the Wall Street Journal:
"To begin with, the number is pure fiction -- the administration has no way to measure how many jobs are actually being 'saved.' And if we had tried to use something this flimsy, the press would never have let us get away with it." How do you know what a saved job is? How do you know what jobs would have been lost without this? Davis said. That was a clever political gimmick to make it even harder to determine whether this policy has any effect.
This Bogus number is a favorite of the SCHMOTUS, Vice President Joe Biden. The GOP House leadership has asked the SCHMOTUS to stop trying to pull the wool over the eyes of America and Stop using the "Jobs Saved" nonsense:
(Excerpt) Read more at yidwithlid.blogspot.com ...
I wonder if Joe really likes being Vice President....
Obama wanted a “white buffoon” for V.P. to make himself look better.
Asking a dim not to lie is a waste of time. Call him out - call him the liar that he is!
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