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2009-10-30 Economy
Stimulus jobs overstated in report
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Posted by Fred 2009-10-30 00:00|| || Front Page|| [1 views ]  Top

#1 I just got this CNN alert, "White House says 650,000 jobs were created or saved by $150 billion in stimulus funds".
Posted by Deacon Blues">Deacon Blues  2009-10-30 07:23||   2009-10-30 07:23|| Front Page Top

#2 I woke up to a 1 million jobs created/saved claim on CNBC. If one in six doesn't actually exist, that's only 833,333... and 2.3 million lost thus far, if I recall correctly. Still, inventories are up by 1%, which means retailers believe the economy is starting to improve, whether or not it lasts.
Posted by trailing wife">trailing wife  2009-10-30 07:56||   2009-10-30 07:56|| Front Page Top

#3 You mean Obumble didn't save 3 billion jobs?
Posted by CrazyFool 2009-10-30 08:45||   2009-10-30 08:45|| Front Page Top

#4 "We're talking about 4,000, or a 5,000 error."

…and that 47 million people uninsured thing the President was talking about…yeah we think it’s more like…um..uh…like 30 mill…so we were off by bout…oh…only 17 to 20 million people. And our promise to hold unemployment to 8%…yeah…well it’s prolly going to shoot over 10%. So we're talking about only 2 ta 3 percentage points. What’s the big deal? But the numbers on Health Care reform…rock solid daddy!
Posted by DepotGuy 2009-10-30 10:18||   2009-10-30 10:18|| Front Page Top

#5 If their lips are moving they are lying.
Posted by JohnQC 2009-10-30 10:47||   2009-10-30 10:47|| Front Page Top

#6 Word, JohnQC.

Even when they're not actually talking. >:-(
Posted by Barbara Skolaut">Barbara Skolaut  2009-10-30 15:44||   2009-10-30 15:44|| Front Page Top

#7 Too bad the FDA is spinning its time dealing with the claims of Cheerios rather than ones like these. One set of rules for me, another set of rules for thee.
Posted by Procopius2k 2009-10-30 18:08||   2009-10-30 18:08|| Front Page Top

#8 I had forgotten Baron Munchausen, Loved the story.
Posted by Redneck Jim 2009-10-30 18:39||   2009-10-30 18:39|| Front Page Top

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