HolyCoast: Shocker: Stimulus Claims Are Full of Baloney
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Thursday, October 29, 2009

Shocker: Stimulus Claims Are Full of Baloney

It's not really that much of a shocker:
An early progress report on President Barack Obama’s economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government’s first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.

The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.

For example:

• A company working with the Federal Communications Commission reported that stimulus money paid for 4,231 jobs, when about 1,000 were produced.

• A Georgia community college reported creating 280 jobs with recovery money, but none was created from stimulus spending.

• A Florida child care center said its stimulus money saved 129 jobs but used the money on raises for existing employees.

There’s no evidence the White House sought to inflate job numbers in the report. But administration officials seized on the 30,000 figure as evidence that the stimulus program was on its way toward fulfilling the president’s promise of creating or saving 3.5 million jobs by the end of next year.

The reporting problem could be magnified Friday when a much larger round of reports is expected to show hundreds of thousands of jobs repairing public housing, building schools, repaving highways and keeping teachers on local payrolls.
Perhaps if we only had more jobs chasing after radioactive rabbit feces (see post below).

Come to think of it, this whole program has a lot to do with excrement, at least of the bovine kind.

And now, according to Don Surber, the White House is declaring war on the Associated Press for pointing all of this out. They're going to have to add another page to their enemies list.

1 comment:

Herman said...

Every individual and business is an enemy of the White House unless they are in complete agreement with Obama and his plan. The child Obama is one whinney ass individual who cannot stand to have things not go his way. It appears as though his main goal is to see how fast he can tear the U.S. down and subject all of us to a Communist type agenda and life style. If we want to continue enjoying the freedoms we have had for years we must resist all of his proposed changes even if it means some of us may have to give up our lives!