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View Full Version : White House changes rule for counting stimulus jobs



BrianW
01-13-2010, 11:14 AM
http://www.startribune.com/business/81254792.html

The White House has abandoned its controversial method of counting jobs under President Barack Obama's economic stimulus, making it impossible to track the number of jobs saved or created with the $787 billion in recovery money.

Despite mounting a vigorous defense of its earlier count of more than 640,000 jobs credited to the stimulus, even after numerous errors were identified, the Obama administration now is making it easier to give the stimulus credit for hiring. It's no longer about counting a job as saved or created; now it's a matter of counting jobs funded by the stimulus.

That means that any stimulus money used to cover payroll will be included in the jobs credited to the program, including pay raises for existing employees and pay for people who never were in jeopardy of losing their positions.

When you can't get the results you want, just change the standard eh?

Bayou Magic
01-13-2010, 12:46 PM
Statistics - a liar's best friend.

M&K's Retrievers
01-13-2010, 10:42 PM
Figures lie and liars figure

K G
01-13-2010, 10:46 PM
Oops....there goes a plank from the re-election campaign....:o

kg

T. Mac
01-18-2010, 08:40 PM
and another interesting article on how all this stimulus has affected unemployment.

http://www.newsweek.com/id/231124

T. Mac