First hard stimulus data finds 30,000 jobs saved or created


OK, first of all, I don’t buy the numbers, but I’m willing to humor the less than honest members of the Obama Administration. 30,000 jobs created out of the 3.4 million which were lost since the so-called stimulus was passed. How many of those jobs created are government jobs? 9.9% unemployment and climbing. Can anyone say 2010 elections?

The first direct stimulus reports showed that stimulus contracts saved or created just 30,083 jobs, prompting more Republican criticism of the $787 billion package.

The data posted Thursday was the result of the government’s initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial — it represented just $16 billion out of the $339 billion awarded — but they said it exceeded their projections.

“All signs — from private estimates to this fragmentary data — point to the conclusion that the Recovery Act did indeed create or save about 1 million jobs in its first seven months, a much needed lift in a very difficult period for our economy,” said Jared Bernstein, the chief economist for Vice President Joe Biden.

Read the rest of the article here:

http://thehill.com/blogs/blog-briefing-room/news/63299-first-hard-stimulus-data-finds-only-30000-jobs-saved-or-created-#

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Filed under Joe Biden, Stimulus Package

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