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TOPIC: SPIN METER: 'Help Wanted' counting stimulus jobs


Platinum

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SPIN METER: 'Help Wanted' counting stimulus jobs
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SPIN METER: 'Help Wanted' counting stimulus jobs
PORTLAND, Ore. – How much are politicians straining to convince people that the government is stimulating the economy? In Oregon, where lawmakers are spending $176 million to supplement the federal stimulus, Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program's first three months.
But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state's accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime.
"Sometimes some work for an individual is better than no work," said Oregon's Senate president, Peter Courtney.
With the economy in tatters and unemployment rising, Oregon's inventive math underscores the urgency for politicians across the country to show that spending programs designed to stimulate the economy are working — even if that means stretching the facts.
At the federal level, President Barack Obama has said the federal stimulus has created 150,000 jobs, a number based on a misused formula and which is so murky it can't be verified.
At least 10 other states have launched their own miniature stimulus plans and nine others have proposed one, according to the National Conference of State Legislatures. Many of them, like Oregon, have promised job creation as a result of the public spending.
Complete article here


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“For everyone who's ever been counted out, but refused to be knocked out, and for everyone who works hard and never gives up, this one is for you.” - Hillary Rodham Clinton


gold

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I think that after all is said and done, the stimulus package will be be seen as one of the Obama's Administration's biggest failures.

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Diamond

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I agree Annab. With unemployment so high, I'm surprised that there isn't an all time high of crime. BHO has ruined our chances to prosper with his ambitous legislations.

How can anyone believe him?

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