How Many Jobs Have Been Saved Or Created?
Jan 24, 2010 Political
It all depends on who you ask:
Axelrod, on CNN’s State of the Union: “But understand that, in this recession that began at the beginning of 2007, we’ve lost 7 million jobs. Now, the Recovery Act the president passed has created more than — or saved more than 2 million jobs. But against 7 million, you know, that — that is — it is cold comfort to those who still are looking.”
Jarrett, on NBC’s Meet the Press: “The Recovery Act saved thousands and thousands of jobs. There are schoolteachers and firemen and— and— teachers all across our country, policemen, who have jobs today because of that recovery act. We’re investing in infrastructure. We’re investing in public education so that our kids can compete going forth into the next— generation.”
Gibbs, on “Fox News Sunday”: “Well, Chris, let’s take for instance the example you just used of the stimulus package. We had four quarters of economic regression in terms of growth, right? Just last quarter, we finally saw the first positive economic job growth in more than a year. Largely as a result of the recovery plan that’s put money back into our economy, that saved or created 1.5 million jobs.” Politico
It would seem that Obama’s people don’t actually know how many jobs have been created and the idea that saved jobs can be measured is bogus. The administration dreamed up this category to tout success that can’t possibly be measured. The guidelines used to indicate a “saved” job are nonsensical and were dreamed up to give the appearance of success.
Jobs are counted as saved if stimulus money went to them even if they were not in danger of being lost. The formula originally used allowed for more jobs saved than actually existed in the companies. If any stimulus money is spent on a job (like giving a pay raise) then it is considered saved. It is a sham.
Now the administration spin masters are out talking up the numbers in an effort to show some kind of success even though the stimulus has been a dismal failure.
I would think that if they were all going to go on different networks to discuss this they could all coordinate their lies.
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