You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Economy
Stimulus jobs overstated in report
2009-10-30
The White House is promising that new figures being released Friday will be a more accurate showing of progress in President Barack Obama's economic recovery plan. It aggressively defended an earlier, faulty count that overstated by thousands the jobs created or saved so far.

Ed DeSeve, serving as Obama's stimulus overseer, said the administration has been working for weeks to correct mistakes in early counts that identified more than 30,000 jobs paid for with stimulus money. He said a new stimulus report Friday should correct many mistakes an Associated Press review found that showed the earlier report overstated thousands of stimulus jobs.

"I think you'll see a pretty good degree of accuracy," DeSeve said in an interview.

White House spokesman Robert Gibbs downplayed errors in job counts identified by the AP's review, telling reporters, "We're talking about 4,000, or a 5,000 error."

The AP reviewed a sample of federal contracts, not all 9,000 reported to date, and discovered errors in one in six jobs credited to the $787 billion stimulus program -- or 5,000 of the 30,000 jobs claimed so far.
Posted by:Fred

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

#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  

#6  Word, JohnQC.

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

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

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

Â…and that 47 million people uninsured thing the President was talking aboutÂ…yeah we think itÂ’s more likeÂ…um..uhÂ…like 30 millÂ…so we were off by boutÂ…ohÂ…only 17 to 20 million people. And our promise to hold unemployment to 8%Â…yeahÂ…well itÂ’s prolly going to shoot over 10%. So we're talking about only 2 ta 3 percentage points. WhatÂ’s the big deal? But the numbers on Health Care reformÂ…rock solid daddy!
Posted by: DepotGuy   2009-10-30 10:18  

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

#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   2009-10-30 07:56  

#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   2009-10-30 07:23  

00:00