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red states rule
10-29-2009, 08:06 AM
Damn! Is the AP turning on Obama? Will the White House say the AP is not a real news organization?






Stimulus jobs overstated by thousands
By BRETT J. BLACKLEDGE and MATT APUZZO – 5 hours ago

WASHINGTON — An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.

The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.

For example:

_ A company working with the Federal Communications Commission reported that stimulus money paid for 4,231 jobs, when about 1,000 were produced.

_ A Georgia community college reported creating 280 jobs with recovery money, but none was created from stimulus spending.

_ A Florida child care center said its stimulus money saved 129 jobs but used the money on raises for existing employees.

There's no evidence the White House sought to inflate job numbers in the report. But administration officials seized on the 30,000 figure as evidence that the stimulus program was on its way toward fulfilling the president's promise of creating or saving 3.5 million jobs by the end of next year.

The reporting problem could be magnified Friday when a much larger round of reports is expected to show hundreds of thousands of jobs repairing public housing, building schools, repaving highways and keeping teachers on local payrolls.

The White House says it is aware there are problems. In an interview, Ed DeSeve, an Obama adviser helping to oversee the stimulus program, said agencies have been working with businesses that received the money to correct mistakes. Other errors discovered by the public also will be corrected, he said.

"If there's an error that was made, let's get it fixed," DeSeve said.

The White House released a statement early Thursday that it said laid out the "real facts" about how jobs were counted in the stimulus data distributed two weeks ago. It said that had been a test run of a small subset of data that had been subjected only to three days of reviews, that it had already corrected "virtually all" the mistakes identified by the AP and that the discovery of mistakes "does not provide a statistically significant indication of the quality of the full reporting that will come on Friday."

http://www.google.com/hostednews/ap/article/ALeqM5jMNoef6xDenBbHWO0Im6rIjDmAgAD9BKKBIG0

red states rule
10-30-2009, 09:02 AM
More and more it is looking like Jimmy Carter's second term is in our future





Christina Romer, chairman of the president's Council of Economic Advisers, told Congress on Oct. 22 that most of the economic growth from President Obama's stimulus package has occurred already. This underwhelming revelation presents an opportune time to evaluate what - if anything - has been accomplished by the $239 billion that already has been doled out. The results are depressing.

On Feb. 28, the council predicted that with passage of the $787 billion stimulus package, the unemployment rate would only reach 8.1 percent this year. With current unemployment at 9.8 percent and rising, the president's promises of millions of jobs being created or saved haven't panned out. The administration has tried to claim that its earlier estimates couldn't be held against the White House because Team Obama didn't know how bad the economy was, but that's implausible, given that Mr. Obama repeatedly said we were facing an "unprecedented crisis that calls for unprecedented action" in speeches during the campaign and in January and February.

There is no evidence that states that have gotten the most money have seen improvements in their unemployment rate. From January through September, just two states - Minnesota and Vermont - have seen their unemployment rates fall, and both received less than the average per-capita stimulus dollars. Using the government's Recovery.gov Web site, we find that the states that have gotten the most money per capita actually saw a slightly larger increase in their unemployment rates on average. The relationship isn't close to being statistically significant, but given how much money is being spent, it is reasonable to hope for some evidence of a decline in unemployment - not weak evidence of an increase.

New Mexico is a particularly interesting example. By Oct. 22, the state had received more than twice as much stimulus money per capita from federal contracts as the second state, Idaho, but New Mexico's unemployment rate has gone up by 2.6 percentage points. Idaho's unemployment went up by 2.2 percentage points, which mirrors the country as a whole.

According to Fox News, the U.S. unemployment rate has soared faster than the rate in most other countries. Mr. Obama frequently has claimed that we are in a global recession, but data for 27 other countries from January through August show the U.S. unemployment rate rose faster than 22 of them. The countries with the largest so-called stimulus packages tended to have the biggest increases in unemployment.

The irony is that the countries Mr. Obama berated in March for not properly spending their way out of the recession have fared much better than the United States. Germany's unemployment rose by just 0.4 percentage points from January to August; France's went up by 1.2 percentage points; and the entire European Union's rate rose by 1.2 percentage points.

After the Obama administration tried to pressure European countries into spending more money, the president of the European Union, then-Prime Minister Mirek Topolanek of the Czech Republic, warned that Mr. Obama's deficit spending and bank bailouts were "a road to hell." Mr. Obama's policies are putting America in the fast lane to that destination.

http://www.washingtontimes.com/news/2009/oct/30/economic-road-to-hell/

stephanie
10-30-2009, 09:12 AM
this administration is a bigger deceiver and liar than Billy Boy Clinton's..and is even more vicious..

and they are getting away with it with the help of the pravda run media, cbsabcnbcmsnbcnprcnn..

red states rule
10-30-2009, 09:23 AM
this administration is a bigger deceiver and liar than Billy Boy Clinton's..and is even more vicious..

and they are getting away with it with the help of the pravda run media, cbsabcnbcmsnbcnprcnn..

Yet the Kool Aide drinkers will shout as loud as they can

"Just imagine how bad it would be if Obama hadn't passed the stimulus."

So we have to accept blatant lies to imagine?