Folks, you pick the title. Either one applies, when you read the news on MSNBC that the adminstration's stimulus has 'saved' 2 million jobs.
http://www.msnbc.msn.com/id/34837961/ns/business-economy_at_a_crossroads/
Not only that, but ...brace yourselves....the wizards in the White House may even be underestimating the number of jobs 'created or saved'(whatever that means). Things may be even better in La-La land....
According to MSNBC...(cue the circus music)
"In addition, the White House said 640,000 jobs had been saved or created by direct recipients of stimulus money, implying that this estimate may be on the low side.
Money pumped into the economy can have an amplified impact on hiring that goes beyond the value of its dollar amount because of so-called multipliers that gauge the ripple effect on the economy as the government pumps in money."
Cue the applause...(crickets chirping)
Wow, while you are digesting that, please do not forget that in the 'attempted' 'man-made disaster' on North West flight 253, the DHS 'system worked'. Now back to jobs...
What does a job 'saved or created' actually mean. Is it a real number, is it based on reality? See this link for a nice analysis.
http://online.wsj.com/article/SB124451592762396883.html
Long story short, it is complete speculative BS (Barack Statistics, aka BullS#@t). It is however, brilliant, since it allows the adminstration to deflect any culpability and accountability (eg. "more jobs would have been lost without the stimulus'). So why does this adminstration get away with it in the MSM? Perhaps it is the 'thrill' up the legs of liberal shills like Chris Matthews that stops them from questioning the president?
Or the need to "help this president succeed"
Wow!
At this point, perhaps it is important to consider this little nugget from
George Orwell:
"Whoever controls the past controls the future, and whoever controls the present controls the past."
Let us rewind into the past, long, long ago when life was simpler and hope and change was in the air - one full year ago; when the legs of liberal MSM announcers were full of thrill. The Obama team released the Jan. 9, 2009 report called "The Job Impact of the American Recovery and Reinvestment Plan" where it was projected that the stimulus would keep unemployment below 8%. Huh?
So despite ALL of the money that you spent and all of the jobs that you 'saved and created', we at over 10% unemployment (the low-ball official number).
Mr. President, when we wipe away all of the Orwellian weirdness can you just answer one question: where are the jobs?
Wednesday, January 13, 2010
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