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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Jim S who wrote (36399)	8/18/2009 7:36:51 PM
From: TimF	Respond to of 71588

This Blog Post Saved At Least 10 Jobs Today Seriously. At least that’s what the macro model I built says. It has some very sophisticated algorithms. According to the model, the associated bandwidth cost for this post was enough to keep the blog hosting gang going and because of that, they kept making payments on all the computer equipment, power and rent/lease obligations they have associated with their hosting site, which in turn kept a computer retailer/power company/real estate firm from laying off folks while also paying those down the line from them today and having the same effect. Seriously. Go ahead - prove me wrong. ~McQ qando.net

To: Jim S who wrote (36399)	8/19/2009 1:21:29 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

You have it almost right Jim. It was me that saved the economy. Working all those late nights saved it from certain ruin.

To: Jim S who wrote (36399)	9/11/2009 4:03:55 PM
From: TimF	Respond to of 71588

White House Reports Stimulus Saved One Million Jobs By LOUISE RADNOFSKY WASHINGTON -- The White House Council of Economic Advisers said Thursday the $787 billion stimulus plan kept one million people working who would otherwise not have had jobs. Republicans called the figure "smoke and mirrors." The report, which had been delayed for a month, is the first estimate from the Council of Economic Advisers on the issue of whether stimulus spending has saved jobs that otherwise would have been lost. Vice President Joe Biden, speaking last week ahead of the release of the report, declared that it would show the administration had met or exceeded its goal of creating and saving 750,000 jobs in the first six months of the plan. The real test for the Obama administration will come in October, when recipients of stimulus funds have to report for the first time how many people they were employing using the money. Republicans have consistently questioned the administration's calculations for jobs created or saved by the stimulus, as part of a broader critique of the plan's cost and design. Republican National Committee chairman Michael Steele said Thursday's report was "smoke and mirrors," pointing to last week's announcement of a 9.7% unemployment rate for August, the highest rate in 26 years. Rep. Tom Price, a Georgia congressman who chairs the conservative Republican Study Committee, said it used "fuzzy math" which "bears no resemblance to anything our children learn in school."... online.wsj.com austrianeconomists.typepad.com