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GAO Stands By Job-Creation Estimate
WSJ ^ | 11/22/09 | LOUISE RADNOFSKY

Posted on 11/22/2009 9:58:35 AM PST by Nachum

WASHINGTON -- The government agency charged with overseeing the economic-stimulus program says it doesn't plan to change its position that the package directly created or saved 640,329.17 jobs through September, despite its own admission and statements from the White House that the number is not accurate.

Ed Pound, spokesman for the Recovery Accountability and Transparency Board, said that the number would not be changed. The Government Accountability Office, which is the investigative arm of Congress, issued a report last week saying that there were "significant issues to be addressed" in the accuracy of reports. The report said that "many entries merit further attention" and raised concerns about 58,000 jobs which appeared to have been created by recipients who said they had not yet received any stimulus money.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: estimate; gao; jobcreation

1 posted on 11/22/2009 9:58:35 AM PST by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 11/22/2009 9:59:16 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Cue the Twilight Zone music. No, this is not The Onion. This is our government.


3 posted on 11/22/2009 10:04:32 AM PST by Flightdeck (Go Longhorns)
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To: Nachum

$700,000,000,000/ 640,000 = $1,000,000 +/ job ; I’ll give up mine and take one of theirs, why the “+” alone will enable me to pay for a government approved health plan.


4 posted on 11/22/2009 10:12:15 AM PST by gusopol3
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To: Nachum

You cannot believe them anymore. Remember the private meeting in the oval office with Obozo?


5 posted on 11/22/2009 10:16:48 AM PST by dforest (Who is the real Jim Thompson? I am.)
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To: Nachum
The government agency charged with overseeing the economic-stimulus program says it doesn't plan to change its position that the package directly created or saved 640,329.17 jobs through September...

Enough to be able to afford a brand new car with the cash for clunkers program so we can help make the environment "GREEN".

What is it, about 1.3 million in costs per job?

Where is the outrage?

6 posted on 11/22/2009 10:21:14 AM PST by EGPWS (Trust in God, question everyone else)
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To: Nachum
And the harvest has exceeded the Five Year Plan quota for the 5th year in a row!

Those 10 million "funemployed" people are cheering!

Thank you, Glorious Leader!


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

7 posted on 11/22/2009 10:24:00 AM PST by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: Flightdeck

Fake but accurate.


8 posted on 11/22/2009 10:25:05 AM PST by Carling (Somewhere in Kenya, a village is missing its idiot.)
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To: Nachum

State Governments are facing fiscal disaster with reduced tax revenue. A good deal of the stimulus was used to give state (union) workers raises. Those raises will be paid next year by the states exacerbating the fiscal crisis.


9 posted on 11/22/2009 10:26:13 AM PST by ricks_place
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To: ricks_place
A good deal of the stimulus was used to give state (union) workers raises. Those raises will be paid next year by the states exacerbating the fiscal crisis.

Feed the beast and expedite the destruction of our free market in the process.

Government takeover of the health industry will be the straw that breaks the camels back.

10 posted on 11/22/2009 10:42:14 AM PST by EGPWS (Trust in God, question everyone else)
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To: Nachum
Good news indeed. I'm looking forward to winging my tax return this year and then telling the IRS,
“Sure it got errors, but I stand behind it.”
I'll bet Charlie Rangel will pick up on this new government approved accounting standard.
11 posted on 11/22/2009 10:52:49 AM PST by Old North State
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To: Nachum

You (continue to) lie! And when that doesn’t work, lie some more.


12 posted on 11/22/2009 11:38:46 AM PST by manic4organic (Obama shot hoops, America lost troops.)
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To: EGPWS

Where is the outrage?

There is no outrage.

Most people can’t divide and the MSM never mentioned this.

Only found on FR.


13 posted on 11/22/2009 11:56:12 AM PST by DontTreadOnMe2009 (So stop treading on me already!)
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