Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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From: TimF	10/30/2009 1:59:07 PM
	4 Recommendations of 224759

Obama Website Reports Only 20 Jobs “Created or Saved” in Connecticut, 28 in Vermont & 22 in New Hampshire Friday, October 30, 2009, 6:18 AM Jim Hoft The White House today anounced that President Obama’s economic stimulus plan has so far saved or created more than one million jobs. But Barack Obama’s government website paints a totally different picture—- According to Recovery.gov the Obama Stimulus “created or saved” only 20 jobs in Connecticut. Via Radio Vice Online and Recovery.gov The Obama Stimulus created 28 jobs in Vermont. The Obama Stimulus created 22 jobs in New Hampshire. In fact the White House website reported today that a total of only 30,383 jobs have been created or saved by the Obama-Pelosi Stimulus. They seem to have lost around 970,000 jobs some where. Or, maybe they were never there to begin with? The US has lost 3.3 million jobs since the Obama-Pelosi stimulus act passed. The US unemployment spiked from 7.6% to 9.8% this year under Obama… the highest rate in 26 years. gatewaypundit.firstthings.com Of course the whole "created or saved x jobs" measurement is a bogus idea in the first place. You can count created jobs, but you miss the jobs that the indirect effects of your programs destroyed. As for "saved" jobs they can't really be counted even if your only counting the direct effects and ignoring the "unseen" indirect effects. Also its easy to create jobs, esp. on a temporary basis. Creating new jobs that produce actual net wealth is another story, far more difficult to measure, and not something that can reliably happen through all this new government spending (which at least in the long run, and perhaps in the not so long run is more likely to be a net destroyer of wealth)

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