"Construction of our Lunar Colony is proceeding rapidly. Hundreds of thousands of workers are diligently building our future, far above us."
Posted on 10/30/2009 11:51:27 AM PDT by AngieGal
The federal stimulus program has saved or created nearly 650,000 jobs through aid to states, infrastructure projects and federal contracts, the Obama administration claimed Friday morning, adding that officials believe they are on track to meet their goal of 3.5 million jobs over two years.
The new figures are based on reports being released today from 131,000 recipients of the stimulus money and are intended to give the clearest sense to date of how many jobs are being created or saved directly by the stimulus. Until this month, most jobs figures have been based on the estimates of economists — not actual reports.
The figures do not include jobs indirectly created by the money pumped into the economy through tax cuts, unemployment benefits and aid to states for Medicaid. If those were included, the administration estimates, the tally would rise to more than 1 million jobs saved or created.
(Excerpt) Read more at nytimes.com ...
http://www.freerepublic.com/focus/f-news/2374732/posts
Obama’s fuzzy math on display.....
"Construction of our Lunar Colony is proceeding rapidly. Hundreds of thousands of workers are diligently building our future, far above us."
People aren’t falling for this horse&&it anymore! This is an attempt to take attention away from Cap & Screw and Obamacare! 4 days from now in VA and NY23 is just the beginning...possibly NJ!
Even if that fictional number were true, that’s still over $1 million in stimulus spending for every job.
I noticed they did not tell us that 90% of the jobs were GOVERNMENT jobs!
I call bull*&%$!
What sort of jobs are created indirectly through unemployment benefits?
Additional help at the unemployment office because of the massive lines.
That’s something to hang your hat on.
The list is UP on the states:
http://www.recovery.gov/Pages/home.aspx
Top States By Jobs Created/Saved (updated 10/10/09)
Let’s watch it change/sarc
State Jobs
Created/Saved Unemployment
Rate
Colorado 4695.05 7.02
Washington 2909.18 9.26
California 2260.05 12.22
Florida 1634.97 11.00
Tennessee 1156.17 10.55
Texas 1099.54 8.17
Georgia 1046.09 10.14
Maryland 965.29 7.25
Kentucky 866.94 10.89
Ohio 699.08 10.10
'Government Job Creation' - the Ultimate Oxymoron. 'Jobs Created or Saved' Number is White House Fantasy
When the government distributes lucre or loot, people spend it. If your interest is national income accounting, spending other people’s money is great. Spending is a back-door way for government statisticians to measure what matters, which is the real output of goods and services.
But the government has no money of its own to spend; only what it borrows or confiscates from us via taxation. Oops.
“Government job creation is an oxymoron,” said Bill Dunkelberg, chief economist at the National Federation of Independent Business. It is only by depriving the private sector of funds that government can hire or subsidize hiring.
That’s why “jobs created or saved” is such pure fiction. It ignores what’s unseen, as our old friend Frederic Bastiat explained so eloquently 160 years ago in an essay.
I saved 500,000 myself.
WV has recieved $4,370,000 so far.........31 jobs “created.” Those must be some good payin’ jobs!
$241,000 per job “saved or created” in Oregon!
Man, for that amount I’ll hire 5 guys.
If you drill into those jobs you see how much BS there really is. 3 jobs created / saved via 262k of rental assistance money at an apartment complex, for example. If you look at the construction work ... adding a bathroom at a KSC building for example ... the assumption is that there was no other work to be done, that the company could not find alternate work or customers.
Senator Klobuchar
http://klobuchar.senate.gov/inthenews_detail.cfm?id=309042&;
“In the nation, this bill will provide 3.5 million jobs in the next two years,” said Klobuchar, “Ninety percent of them will be in the private sector,” she said.
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