White House Scraps “Saved or Created” Jobs Numbers

Do not expect to hear the term “saved or created job” anymore. The federal government has disposed of the figure that had been used to measure the efficacy of the stimulus.
ABC News’ Jake Tapper has the scoop:

In a little-noticed December 18, 2009 memo from Office of Management and Budget director Peter Orszag the Obama administration is [...]

Read More>>

Administration: Stimulus Creates Jobs in Non-Existent Congressional Districts

According to the Obama Administration, the expenditure of $61,000 in federal stimulus funds from the American Recovery and Reinvestment Act of 2009 created or saved 25 jobs in New Mexico’s 22nd Congressional District. You read that right: New Mexico’s Twenty-Second Congressional District. (We only have enough population for three congressional districts).
Federal stimulus dollars, according to the [...]

Read More>>

Stimulating Exaggeration in Jobs Numbers Report

Authorities continue to overestimate the number of jobs “created or saved” by the stimulus package, according to an independent review conducted by the the Boston Globe.
While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated. Organizations that received stimulus money miscounted jobs, [...]

Read More>>

Powered by e1evation llc