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1 million-plus jobs saved or created by stimulus

 
Soaring Bear
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09/10/2009 01:48 PM
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1 million-plus jobs saved or created by stimulus
White House economists: 1 million-plus jobs saved or created by stimulus

Posted by Foon Rhee, deputy national political editor September 10, 2009 01:07 PM

President Obama's economists asserted today that the economic stimulus package he championed had created or saved "slightly more" than 1 million jobs so far.

The White House Council on Economic Advisers said that the $787 billion stimulus bill has had "particularly strong effects in manufacturing, construction, retail trade, and temporary employment services." While the benefits have been spread across the country, states most hurt by the recession have been helped most, it said.

The council also said that about $151 billion has been spent so far, and that the stimulus added 2.3 percentages to the real growth of the economy during the second quarter. (Click here to read the report.)

The council's first quarterly report to Congress on the stimulus represents the latest salvo in the war of statistics on the $787 billion stimulus bill.

Obama promised it would create or save 3.5 million jobs by the end of next year. But critics have questioned the figures as far too rosy and said that it is extremely difficult to determine whether a job has been "saved."

The administration has acknowledged that the recession was deeper than it believed when it pushed Congress to pass the plan in January. Unemployment is still hovering near 10 percent nationally, and the Labor Department reported last week that since the recession began in December 2007, the jobless rolls grew by 7.4 million Americans.

Republicans kept up their stimulus skepticism in response to the council's report.

“Today’s White House jobs report is one more example of this administration’s use of smoke and mirrors to mask the failure of the Democrats’ costly $787 billion stimulus bill," Republican National Committee Chairman Michael Steele said in a statement.

"The reality for countless Americans whose jobs have not been ‘saved’ is they get to join the ranks of the three million neighbors, friends and family members who have become unemployed since President Obama took office," he added. "We have watched the unemployment rate increase to 9.7 percent and seen more than 216,000 workers lose their jobs in the past 30 days. The president’s economic stimulus experiment clearly isn’t working as promised. Another report to claim phantom jobs have been ‘saved or created’ won’t convince people otherwise.”

[link to www.boston.com]
Nothing exists beyond the nonexistent eyes.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Nothing to say good bye to, and no one to say it!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if you falsely believe that you are not God,
then you live exclusively in the world of effects,
which is precisely the source of every problem on Earth,
this illusion of separation,
but if you know yourself to be God, then you live in the world of causes,
and God expresses only perfection.~friend, Jason D.
Anonymous Coward
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09/10/2009 01:51 PM
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Re: 1 million-plus jobs saved or created by stimulus
The great evil, universe destroying, masonic, jesuist, black devil, socalist, marxist, great deceiver, masonic, racists , obama word papers are a satanic lie!

Reading and numbers are the work of the devil and the devils puppet obama is trying to make you read!
all2human
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09/10/2009 01:52 PM
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Re: 1 million-plus jobs saved or created by stimulus
It's a tough one to gauge and isn't that the kind of figures politicians love?

I have seen reliable (as in not from the White House) figures that suggest that about 500,000 jobs have been created due to over all stimulus and yes that about 2 or so percent of GDP growth in the last quarter was due to the stimulus. As for jobs saved that's anyone's guess presumably if the GDP had shrunk those 2 percent more people would have lost their jobs. I'm not sure how many though.
PACNWguy

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09/10/2009 01:53 PM
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Re: 1 million-plus jobs saved or created by stimulus
More lies

koolaid88
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
Anonymous Coward
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09/10/2009 01:53 PM
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Re: 1 million-plus jobs saved or created by stimulus
It's a tough one to gauge and isn't that the kind of figures politicians love?

I have seen reliable (as in not from the White House) figures that suggest that about 500,000 jobs have been created due to over all stimulus and yes that about 2 or so percent of GDP growth in the last quarter was due to the stimulus. As for jobs saved that's anyone's guess presumably if the GDP had shrunk those 2 percent more people would have lost their jobs. I'm not sure how many though.
 Quoting: all2human 629291


Well big props for thinking about it reasonably! :)
Anonymous Coward
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09/10/2009 01:54 PM
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Re: 1 million-plus jobs saved or created by stimulus
More lies

:koolaid88:
 Quoting: PACNWguy


Yeah shut up and drink the "obama is a marxist" kool-aid!

Even thought he is not BUT THAT DOES NOT MATTER!

Drink up its fun to be partisan!
Anonymous Coward
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09/10/2009 01:57 PM
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Re: 1 million-plus jobs saved or created by stimulus
lol bsflag lol
Chiox

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09/10/2009 01:57 PM
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Re: 1 million-plus jobs saved or created by stimulus
Jobs Saved....Hollywood and Porn Movie mogels. Yup, our stimulus taxes help for them.

Don't see the stars taking a cut in pay.
PACNWguy

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09/10/2009 01:57 PM
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Re: 1 million-plus jobs saved or created by stimulus
The reason there are so many people out of work is because small business began cutting back before the election when Obama declared war on them.

When you tell any business that you are going to tax the shit out of them and put them out of busiess, you dont wait for the fucking hammer to fall before you take action.

As of this day, Obama has not done a single thing to help small buisiness create a single job.

That is why we have unemployment going off the fucking chart.

:greatness:
OBAMA - THE FASTEST FAILED PRESIDENT IN AMERICAN HISTORY

"I inherated and I am Great!"
The Saver!
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09/10/2009 02:19 PM
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Re: 1 million-plus jobs saved or created by stimulus
National Institute of Scientific Fabrication. Sept 10th 2009.
Today it was announced that President Obama has stopped the Earth from being flung into sun at least 10 times since being elected president. NISF director Al Kalinetrio has discovered a vast array of disasters and epic calamities that President Obama has caused to not happen including, but not limited to:
Mag 12+ Earth quakes which would have cracked the earth like an egg.
Massive hurricanes made of fire.
10,000 foot tall tidal waves.
Zombie hoardes roaming the land.
Flying spider attacks.
and many other potential terrible events which have in fact have not happened. When asked how bad things might have been Mr Kalinetrio said, "just use your imgination, were you just eaten by rabid ferrets that shoot laser beams out of their eyes? No? Thank President Obama then."
Soaring Bear  (OP)

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09/10/2009 02:28 PM
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Re: 1 million-plus jobs saved or created by stimulus
More lies

koolaid88
 Quoting: PACNWguy

for the simple mind everyone look like hitler or lenin.
I remember you being pissed when they did that to bush as well.
Nothing exists beyond the nonexistent eyes.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Nothing to say good bye to, and no one to say it!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if you falsely believe that you are not God,
then you live exclusively in the world of effects,
which is precisely the source of every problem on Earth,
this illusion of separation,
but if you know yourself to be God, then you live in the world of causes,
and God expresses only perfection.~friend, Jason D.
Soaring Bear  (OP)

User ID: 77394
United States
09/10/2009 02:42 PM
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Re: 1 million-plus jobs saved or created by stimulus
bump
Nothing exists beyond the nonexistent eyes.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Nothing to say good bye to, and no one to say it!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if you falsely believe that you are not God,
then you live exclusively in the world of effects,
which is precisely the source of every problem on Earth,
this illusion of separation,
but if you know yourself to be God, then you live in the world of causes,
and God expresses only perfection.~friend, Jason D.
Anonymous Coward
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09/10/2009 02:43 PM
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Re: 1 million-plus jobs saved or created by stimulus
koolaid
Soaring Bear  (OP)

User ID: 77394
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09/10/2009 08:31 PM
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Re: 1 million-plus jobs saved or created by stimulus
bump
Nothing exists beyond the nonexistent eyes.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Nothing to say good bye to, and no one to say it!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
if you falsely believe that you are not God,
then you live exclusively in the world of effects,
which is precisely the source of every problem on Earth,
this illusion of separation,
but if you know yourself to be God, then you live in the world of causes,
and God expresses only perfection.~friend, Jason D.





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