Study: Half of Hired Stimulus Workers Were Already Employed

Commentary Magazine ^ | 8/31/11 | Alana Goodman

[Nachum]

This is yet another example of why it’s tough to calculate the actual job-stimulating benefits of the stimulus plan. The Recovery Act’s success is typically measured by looking at how many jobs have been created. But there’s also job “shifting,” which happens when a business uses stimulus funds to hire someone who was already employed at another company. And according to a new study from George Mason University’s Mercatus Center, that’s been the case with nearly half of the workers hired under the Recovery Act:

[Nachum]

Figures never lie, but liars figure

[Nachum]

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[lowbridge]

Bump

[cripplecreek]

Even the recovery.gov website can’t hide what a waste it was.

My state has gotten some $5.5 billion and lists some 10,000 jobs created (I suspect most of those were census)

http://www.recovery.gov/Pages/default.aspx

[GraceG]

The “Government Bubble” will dwarf the “Internet Bubble” and the only investors we are trying to fool is the American People and the Chinese, and both have woken up to the scam or are waking up.