We’ve heard from several administration officials over the last few weeks about all the jobs they’ve “saved or created”. Clearly a case of Obama math….
Ten Months After Stimulus 49 of 50 States Have Lost Jobs
Friday, January 22, 2010
While the White House claims their stimulus bill “has already created or saved up to 2 million jobs,” the table below compares the White House’s recent claims of state-by-state job creation with the actual change in state payroll employment through December 2009, using data announced today by the U.S. Department of Labor. According to today’s data, 49 States have lost jobs since stimulus was enacted in February 2009. Only North Dakota and the District of Columbia have seen net job creation, and even those levels fall short of White House claims. To see how stimulus has failed your state, see the table.
Dave Camp, Ranking Member of the Ways & Means Republicans makes a good case and Democrats have a lot of spinning to do.
h/t Amy V
Even if you give them credence to their number of jobs “saved” or created, $786 billion divided by 2 million works out to $393,000 per job. Where can I apply for one of those jobs?
Furthermore, look at the wording: “[the stimulus bill] has already created or saved up to 2 million jobs …”
Hells Bells! Why not just say that “[the stimulus bill] has already created or saved up to 2 billion jobs …” It’s just as true!
It sounds like Winston Smith from the Ministry of Truth made those figures.
White House credits ‘stimulus’ with up to 2 BILLION ‘jobs’
“Two plus two equals five…” –George Orwell
Like I have said in previous posts, give me some of that stimulus money an I’ll (somehow!) manage to create four or five jobs with the money. I’m referring to the $393K amount that cmjcex worked out.
Isn’t that how it’s supposed to work.
Wait! They’re non-union jobs… My bad, no wonder the Gubmint hasn’t come calling!
Igor