Thursday, October 15, 2009

Stimulus Saved 30,000 Jobs

The first direct stimulus reports showed that stimulus contracts saved or created just 30,083 jobs, prompting more Republican criticism of the$787 billion package.

The data posted Thursday was the result of the government's initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial -- it represented just $16 billion out of the $339 billion awarded -- but they said it exceeded their projections.

"All signs -- from private estimates to this fragmentary data -- point to the conclusion that the Recovery Act did indeed create or save about 1 million jobs in its first seven months, a much needed lift in a very difficult period for our economy," said Jared Bernstein, the chief economist for Vice President Joe Biden.

So, thirty thousand equals one million, according to Biden. These are the same guys who are telling us that ObamaCare will reduce the deficit and save us money.

I didn't make this up.

.... really.


Chuck October 15, 2009 at 5:48 PM  

If we used their $16 billion number, that's $531,8000/job. If you figure a large chunk of these jobs pay less than $10 it's not a very good deal. Gotta love governmental accounting.

fuzzys dad October 16, 2009 at 9:28 PM  

Only to Libtards does this make sense.

Right Wing Extreme October 16, 2009 at 9:33 PM  

dang, all I want is 3-4 thousand more a year.

cocked and loaded October 17, 2009 at 4:38 AM  

These radical leftist never cease
to amaze me.

Jeff October 19, 2009 at 11:40 PM  

Wow. Following Just a Conservative Girl I found your blog and couldn't put it down. You've got quite a bite and it's refreshing and encouraging to know passion for patriotism really is alive and well! Thank you.

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