Monday, October 19, 2009

Hey, There Are The Jobs!

We finally found some jobs that were 'saved or created' by Obama's 'stimulus' package:
From the Obama government website—-
The Obama Stimulus “created or saved” 20 jobs in Connecticut.
obama stimulus
Via Radio Vice Online and Recovery.gov
The Obama Stimulus created 28 jobs in Vermont.
The Obama Stimulus created 22 jobs in New Hampshire.
0bama stimulus 2
Via Recovery.gov
Obama would have done better if he would have opened a McDonalds in each state.
Sweet!  Seventy whole jobs...!  That'll make a significant dent in the unemployment rate, won't it?


But there's more, via Legal Insurrection:
The Stimulus Plan is the key to Barack Obama's claim that he has helped create and save jobs. But it is all a word game, as indicated by this report released by the State of Rhode Island and Providence Plantations (the state's official name), stating that 1,703 jobs have been created by Stimulus funding. As reported by the Providence Journal:
On Thursday — the same day federal authorities reported that direct federal spending has created only six jobs in Rhode Island — the governor’s Office of Economic Recovery and Reinvestment said it had told the federal government that stimulus money funneled through the state has paid for work equating to 1,703 jobs.
But there is a catch. These are not real full-time jobs. They are "full-time job equivalents":
A full-time equivalent accounts for part-time and seasonal jobs by tallying them as a proportional fraction of a full-time job.
In other words, temporary and part-time job hours are added up and then converted to a full-time job equivalent. These are not full-time jobs as any normal person would understand the concept. This is a linguistic game which surely will be used to inflate claims of Stimulus Plan success.

All they've got is spin; there is no recovery here.  We've got to hang this one around the necks of those who created it: Barack Obama and the economy-busting Democrats.

There's my two cents.

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