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White House Defends Stimulus Act Despite Government Audit Questioning the Job Numbers
CNS NEWS.com ^
| Tuesday, November 24, 2009
| By Fred Lucas, Staff Writer
Posted on 11/25/2009 12:37:30 AM PST by Cindy
"White House Defends Stimulus Act Despite Government Audit Questioning the Job Numbers"
SNIPPET: "(CNSNews.com) - The White House defended the effectiveness of the economic stimulus act on Monday after a government audit last week called many of the reported job numbers into question.
The Government Accountability Office (GAO) reported that $173 billion of the $787 billion stimulus package had been paid out by the federal government as of Sept. 30. That’s about 22 percent of the total, and it indicates that 78 percent of the stimulus funds have not been paid out – at a time when unemployment was rising."
(Excerpt) Read more at cnsnews.com ...
TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: audit; biden; democrat; democrats; economy; fakenumbers; gao; governmentaudit; jobs; numbers; obama; realnumbers; stimulusact
1
posted on
11/25/2009 12:37:31 AM PST
by
Cindy
To: All
2
posted on
11/25/2009 12:38:05 AM PST
by
Cindy
To: Cindy
They are ignoring anything that does not support their pet theories... just like the Gore-Bull Warming debacle... Copenhagen will go on nonetheless...
3
posted on
11/25/2009 12:45:27 AM PST
by
Bon mots
To: Bon mots
4
posted on
11/25/2009 12:49:21 AM PST
by
Cindy
To: Cindy
I am skeptical that it even created a single new job. All it did was pay off Obama supporters, temporarily stop some government layoffs and fund government to do lists already in the queue.
5
posted on
11/25/2009 3:24:54 AM PST
by
EVO X
To: Black Birch
Obaba is saving the money to steal every election he can in 2010.
6
posted on
11/25/2009 3:48:41 AM PST
by
stephenjohnbanker
(Support our troops, and vote out the RINO's!)
To: stephenjohnbanker
Obaba is saving the money to steal every election he can in 2010. One thing is for certain. He doesn't have to worry about the economy peaking too soon.
7
posted on
11/25/2009 4:06:29 AM PST
by
EVO X
To: Black Birch
Obama deliberately murdered the economy, so that he could rebuild it according to his personal taste.
8
posted on
11/25/2009 4:14:10 AM PST
by
stephenjohnbanker
(Support our troops, and vote out the RINO's!)
To: Cindy
9
posted on
11/25/2009 4:17:31 AM PST
by
UnbelievingScumOnTheOtherSide
(IN A SMALL TENT WE JUST STAND CLOSER! * IT'S ISLAM, STUPID! - Islam Delenda Est! - Rumble thee forth)
To: stephenjohnbanker
Obama deliberately murdered the economy, so that he could rebuild it according to his personal taste. He is getting plenty of assistance from Congress. I think the uninformed and wishy washy independent voters will wake up for 2010. Hopefully it won't be too late..
10
posted on
11/25/2009 4:32:05 AM PST
by
EVO X
To: Black Birch
Anything past 2010 will be too late. I base this on 30 years in high finance. We are dealing with MONSTERS here.
11
posted on
11/25/2009 4:46:05 AM PST
by
stephenjohnbanker
(Support our troops, and vote out the RINO's!)
To: stephenjohnbanker
Anything past 2010 will be too late. Ditto that.
12
posted on
11/25/2009 5:09:59 AM PST
by
EVO X
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