New Stimulus Job Count Is A Stimulus Con Job
By Carole on Jan 12, 2010
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As more proof emerges that President Obama's $787 billion dollar stimulus bill is having virtually no effect on the unemployment rate, the administration just keeps changing the definition of the word effect. Remember when "jobs created" suddenly morphed into "jobs created or saved" in order to explain why no jobs were being created by that must-pass-it- immediately legislation? Well now the White House has begun a new way to con the American people into thinking the stimulus is having an effect on jobs.
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Instead of counting only created and saved jobs in its quarterly tally posted each quarter on Recovery.gov, the administration will count any person who works on a project funded with stimulus money - even if that person was never in danger of losing his or her job. (source)
This blatant attempt to mislead the public comes as President Obama is trying to get a second stimulus bill passed. The Jobs for Main Street Act, with its price tag of $75 billion including billions of additional dollars for roads and bridges, has already been rubber stamped by the House and will be considered by the Senate later this month. Considering a recent Associated Press analysis of stimulus spending found that it didn't matter if a lot of money was spent on highways or none at all - that local unemployment rates rose and fell regardless - it seems the president's argument for billions more to address an "urgent need to accelerate job growth" is groundless. (source)
The double digit unemployment rate (which the first stimulus bill was supposed to prevent from reaching 8%) will not come down because of liberal government spending sprees which do not save or create sustainable jobs. But rather than getting out of the way of business that have the ability to actually create and save jobs, the Obama administration is going to keep changing their rhetoric misleading the public and fooling an ever shrinking number of Americans with their cons.
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