The number of jobs in the U.S. is currently 129.7 million. So to justify the Administration’s current claim of 2.8 million jobs “created or saved” by stimulus, they need to also claim that without that stimulus there would be only 126.9 million jobs. That’s exactly what they do, displayed as the “baseline projection” level in the graphic below from an April 14, 2010 report.
An inconvenient truth, at least for the Obama Administration, is that once upon a time, in their January 2009 Romer/Bernstein Report they told America that without their stimulus there would be 133.9 million jobs. That’s right, in order to make it look like their stimulus has “created or saved” 2.8 million jobs, the Obama Administration first had to whack 7 million jobs from their previous estimates.
Answer by grlygrlz2 at 9:21 PM on Apr. 20, 2010
Step 1: How many jobs does the Administration currently claim there would be, without stimulus?
129.7 million Current number of U.S. jobs
- 2.8 million Jobs currently claimed to be “created or saved”
126.9 million Jobs the Administration currently claims there would be without stimulus
Answer by grlygrlz2 at 9:22 PM on Apr. 20, 2010
Step 2: How does that compare with the number of jobs the Administration used to say there would be without stimulus?
133.9 million January 2009 projection of jobs without stimulus
- 126.9 million Current claim of jobs without stimulus
= 7 million Jobs removed from the Administration “baseline” to justify their latest stimulus job creation claims
Answer by grlygrlz2 at 9:24 PM on Apr. 20, 2010
Answer by Carpy at 9:39 PM on Apr. 20, 2010
Nope... Not surprised..... Just another case of either his inexperienced getting him in trouble or his administration getting him in trouble.. Afterall, he is just a liberal puppet.. jmo...
Answer by grlygrlz2 at 9:42 PM on Apr. 20, 2010
Answer by grlygrlz2 at 9:43 PM on Apr. 20, 2010
Answer by Carpy at 9:55 PM on Apr. 20, 2010
Answer by mancosmomma at 10:55 PM on Apr. 20, 2010
Answer by urkiddingright at 11:20 PM on Apr. 20, 2010
Answer by 29again at 11:48 PM on Apr. 20, 2010