Posted on 04/21/2010 5:05:07 PM PDT by Kaslin
Politics: It's bad enough having a jobless recovery with jobs "saved or created" in nonexistent congressional districts and ZIP codes. Now the administration is measuring stimulus progress by moving the starting point.
We, and others, have commented on how hard it was to measure a job that was "saved" by the administration's stimulus package.
You can't prove that a teacher, say, would have lost his or her job in the absence of federal stimulus money. Then there's always the question of what happens when the stimulus money runs out.
Administration claims of "saved or created" jobs were always suspect, especially as the unemployment rate rose above a promised stimulus ceiling of 8% to near double digits. As people keep asking where are the promised jobs, the administration has hit upon a new deceit change the point from which you measure progress.
A report was touting the success of the administration's stimulus package even before it was sworn in. Released on Jan. 10, 2009, the report showed joblessness peaking at just below 8% under the American Recovery and Reinvestment Act.
Without stimulus, we were told, there would be 133.9 million jobs in the U.S. in the fourth quarter of 2010. That's the baseline. With stimulus, we would have almost 3.7 million more than that.
(Excerpt) Read more at investors.com ...
Lies, lies and more lies.
Yes we can! Lie.
Lets put Obama out of his job.
I do think the unemployment rate is going to kill the Dems in November.In 2006 they promised Americawonderful days ahead and all they got instead was $3 gasoline and a pink slip.
Lies, Damn Lies, and Obama.
We have been saying all along this socialist administration was going to fake economic data in Soviet style by showing the GDP and unemployment much better than they really are. Wait until the fake GDP number for the first quarter of 2010 comes in the next few days.
Conservatives had almost NO voice before then.
Lots of lies, and lies, and lies. Notice how Newsweak and a few other liberal MSM outlets are once again proclaiming the economy is good, just like they lies when they claimed “green jobs”, “shovel ready jobs”, and false claims of the stimulus jobs bill “green shoots”.
ping
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