Spin . . . the key phrase is “up to”, as in “there’s up to four billion dollars in my checking account”.
Tell the 4 million newly unemployed.
Great news, huh? Instead of only 20 million unemployed, we could be talking about 22.1 million unemployed.
Reminds me of George C. Scott in Dr. Strangelove...
“Mr. President, we are rapidly approaching a moment of truth both for ourselves as human beings and for the life of our nation. Now, truth is not always a pleasant thing. But it is necessary now to make a choice, to choose between two admittedly regrettable, but nevertheless *distinguishable*, postwar environments: one where you got twenty million people killed, and the other where you got a hundred and fifty million people killed.”
I feel so relieved...
Statistic are wonderful things, aren't they.
1.1 million is a huge difference between those two numbers. If that's how close they get on guessing no wonder the country is BROKE!
And let's drop the 'nonpartisan' crap. These people met with Obama at the White House more than a few times.
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GOP Leaders Question Obama’s Meeting with CBO Director
I’d love to ask the CBO how unemployment goes from 7.6% when Bush left office to currently 9.7% under Obama and somehow jobs were created?
Yep, at ACORN, the Census, Organizing for America, the Unemployment and Welfare offices...
added between 1 million to 2.1 million workers to employment rollsThe author forgot the "un" in front of "employment". Thanks NormsRevenge.
Let’s see - we spent $862 billion and got 2.1 million jobs and 9.7 % unemployment.
Hell, we should’ve spent $1,724 billion and then we could’ve gotten 4.2 million jobs . . . and 19.4% unemployment.
Let’s be fair... Obama created jobs, he actually created three: one in VA, one in NJ, and one in MA...
862 billion to hire 1.2 million people. Something like 700K per person.
And they want to run health care.
Where do these maroons come up with such nonsense?
They ask the wrong question. How many of these jobs will still exist 5 years from now? That is the question they should be asking.
When the government creates a job by spending money, they job only exists as long as the govt. is spending money. The spending ends and the jobs end. The stimulus bill is scheduled to be long over in 5 years, so any jobs created will be long gone.
A real stimulus (like deep, permanent cutting of business taxes) causes real growth in the private sector. Those are permanent jobs.
Give a man a fish and you feed him for a day; teach him to fish and you feed him for a lifetime. Govt. spending creates jobs for a day; business tax cuts create jobs for a lifetime.
In one year.
FUBO
I call BS on the CBO.
There is no way to measure “created” or saved”.
Bravo!....Sierra!!!
Meanwhile we also lost 8 million jobs last year...so apparently, without the stimulus we would have lost 10 million? Remarkable.
Other questions: Are those 2 million jobs permanent? Or do they involved digging ditches, filling them back, in, and repeating that process for the length of the temp assignement?
“The economic stimulus law added between 1 million to 2.1 million workers to employment rolls by the end of last year, a new report released Tuesday by congressional economists said.”
It also added billions of tons of wheat that would have been eaten by rats, saved us from 10 hurricanes and stopped the spread of athlete’s foot that, were it not for the stimulus, would have crippled millions of Americans.
oh, and it stopped an asteroid from hitting manhattan.