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Stimulus Swagger vs. Reality (Hey America, YOU'VE BEEN PUNKED!)
Newsweak ^ | 2/13/2009 | Lori Robertson and Justin Bank |

Posted on 02/14/2009 6:39:48 AM PST by tobyhill

In recent weeks, in his pitches to Congress and the public on the need to pass the economic stimulus bill, Obama has made several claims about what it would do. (Republicans, too, have made stimulus boasts of their own.) But these pronouncements are not a sure thing:

Obama repeatedly said the plan "will save or create up to 4 million jobs." Obama downgraded that estimate to 3.5 million once the House and Senate agreed on a less-expensive compromise bill. The projections come from at least three economists, but all say there is great uncertainty in their estimates.

Republican House members claimed their substitute legislation tops that, creating "6.2 million jobs." But their calculation is even more fraught with uncertainty and is not backed up by independent economists.

Obama said the bill doesn't contain "a single earmark." But whether one calls them "earmarks" or not, the Senate certainly added items that will benefit particular states. For example: $50 million for programs under the California-Bay Delta Act and $500 million for National Institutes of Health facilities in Bethesda, Md.

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


TOPICS: Extended News; News/Current Events
KEYWORDS: bankruptusa; communism; fraud; porkulus

1 posted on 02/14/2009 6:39:48 AM PST by tobyhill
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To: tobyhill

Am I suppose to believe any thing that lying POS says?


2 posted on 02/14/2009 6:48:49 AM PST by Piquaboy (22 year veteran of the Army, Air Force and Navy, Pray for all our military .)
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To: tobyhill

He also “said” there would be transparency like no other, and no deals done “in a backroom in the middle of the night”, but his chief of staff was involved in a closed door conference in the middle of the literal night with Nancy Pelosi discussing this bill.

So I really don’t care to hear about what he “Said” because what he “said” is crap.


3 posted on 02/14/2009 6:50:33 AM PST by autumnraine (Freedom's just another word for nothing left to lose- Kris Kristopherson)
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To: tobyhill
You do know of course where the money is coming from for this destruction of our great Nation.

1. China
2. Saudi Arabia
3. Other Arab Nations

And I heard last night that the non tax paying Secretary of the Treasury has told China and the others that they will receive high interest rates for thier money.

4 posted on 02/14/2009 6:55:35 AM PST by YOUGOTIT (The Greatest Threat to our Security is the Royal 100 Club)
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To: tobyhill

Has anyone ever explained how to determine whether a job has been “saved”? I haven’t lost my job so I guess that means Obama saved it.
Idiots.


5 posted on 02/14/2009 6:55:36 AM PST by Past Your Eyes (Some people are too stupid to be ashamed.)
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To: tobyhill

Obama and the left keep saying “will SAVE or create 3.5 or 4 million jobs”. How do prove that a job was “saved”. This is not measurable. LOL...the only way they can be proven wrong is if there are less than 3.5 million jobs left in America by the time all this “stimulus” is spent.


6 posted on 02/14/2009 6:59:58 AM PST by Girlene (Thank you, Rep. McCotter; I'm spreading the word, bhfred)
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To: tobyhill
The plan will save or create appear to save up to 4 million jobs.


7 posted on 02/14/2009 7:06:51 AM PST by Iron Munro (Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.)
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To: Past Your Eyes

This crap about Obama “saving or creating” x number of jobs is pure BS. Job creation can be judged to a limited degree by how well the economy is growing. It can be seen in decreasing welfare rolls and fewer jobless claims as well as company records as to the number of employees paying payroll taxes. This number can be quantified.

There is zero way to prove or disprove ANY job saving. We can claim GWB “saved” thirty million jobs during his eight years as president, and nobody can dispute that. With no terrorist attacks and the Bush tax cuts, GWB saved those thirty million jobs.

My point is, there will be no way to dispute or verify any saving of jobs under Obama and the Democrats, and I am sick and tired of the media always using “saved” when predicting the Obama performance. When Obama fails to create the proposed numbers, I fully expect the media/press to add “saved” to the figures to justify their fawning over how well Obama is doing.


8 posted on 02/14/2009 7:11:15 AM PST by Morgan in Denver (Barack Hussein Obama: More corrupt than Clinton, more inept than Carter.)
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To: tobyhill
PORKULUS 3
9 posted on 02/14/2009 7:35:37 AM PST by odin2008 (EVIL TRIUMPHS WHEN GOOD MEN DO NOTHING)
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To: tobyhill

Would someone please tell me how you would tell if 4 million jobs are “saved”. This sounds like he’s just saying this as an out.....in case his plan fails.


10 posted on 02/14/2009 7:39:56 AM PST by RC2
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To: Piquaboy

Try this on for size; Obama lied, jobs died.
or
Obama lied, your wallet died
or
Obama lied, companies died.

we could have fun with this


11 posted on 02/14/2009 7:41:27 AM PST by bullfeather (illegitimate non carborundum)
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To: odin2008

hey, how come my wallet is empty?


12 posted on 02/14/2009 7:42:59 AM PST by bullfeather (illegitimate non carborundum)
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To: tobyhill

13 posted on 02/14/2009 7:45:04 AM PST by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: tobyhill
Obama downgraded that estimate to 3.5 million ...

originally, it he going to create jobs, then he added the word "save" ...
14 posted on 02/14/2009 8:53:46 AM PST by stylin19a (Obama - the ethical exception administration)
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To: tobyhill
Obama proves that Cultivating Fear pays off big time! We are now all part of the Savior Based Economy. Unless of course you pay your bills, work, or you're a republican.
15 posted on 02/14/2009 8:54:34 AM PST by topfile
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To: tobyhill
I see that folks aren't quite understanding what jobs are being referenced here. These aren't private sector jobs that are being talked about, these are government jobs that are being talked about. The government doesn't, and can't, create private sector jobs!
3.5 - 4 million petty bureaucrats won't lose their jobs.
3.5 - 4 million jobs of the crony contractors who will apply for the various jobworks programs in the stickittous bill.
Etc., etc.

And you can bet your bottom dollar that "disenfranchised businesses" (read that as minority-owned) will be the ones to get those contracts.

16 posted on 02/14/2009 9:29:07 AM PST by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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To: tobyhill

It’s time to get that “Don’t Blame Me, I Voted for Sarah” bumper sticker and T Shirt.


17 posted on 02/14/2009 4:09:57 PM PST by T Lady (The MSM: Pravda West)
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To: T Lady

I’ll take one! No make that two!


18 posted on 02/15/2009 7:09:41 PM PST by Jenny217
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