Posts Tagged ‘thousands and thousands of jobs’

Why Does Obama Keep Lying To Us About Jobs?

February 12, 2010

A few weeks ago, three inner-sanctum Obama circlers came out and provided three different numbers as to how many jobs they thought that Obama had created:

David Axelrod: Axelrod, on CNN’s State of the Union: “But understand that, in this recession that began at the beginning of 2007, we’ve lost 7 million jobs. Now, the Recovery Act the president passed has created more than — or saved more than 2 million jobs. But against 7 million, you know, that — that is — it is cold comfort to those who still are looking.”

Valerie Jarrett: Jarrett, on NBC’s Meet the Press: “The Recovery Act saved thousands and thousands of jobs. There are schoolteachers and firemen and— and— teachers all across our country, policemen, who have jobs today because of that recovery act. We’re investing in infrastructure. We’re investing in public education so that our kids can compete going forth into the next— generation.”

Robert Gibbs: Gibbs, on “Fox News Sunday”: “Well, Chris, let’s take for instance the example you just used of the stimulus package. We had four quarters of economic regression in terms of growth, right? Just last quarter, we finally saw the first positive economic job growth in more than a year. Largely as a result of the recovery plan that’s put money back into our economy, that saved or created 1.5 million jobs.”

You get the sense that 1) these people have no idea what they are talking about; and 2) they are pulling numbers right out of their butts.

Barry Hussein has repeatedly used the 2 million number.  After all, it’s bigger and sounds better.  Why should he care about reality?

But let’s look at reality for just one second:

Jobs Saved: PR or Fact?
While the unemployment rate continues to rise–to 10.2 percent in October–the debate over the “jobs saved” concept also continues, most recently on last Sunday’s Meet the Press with host David Gregory asking Treasury Secretary Timothy Geithner whether the concept is PR or Fact. Gregory first quotes Allan Meltzer saying “One can search economic textbooks forever without finding a concept called ‘jobs saved.’ It doesn’t exist for good reason: how can anyone know that his or her job has been saved?” Gregory then pops the question to Secretary Geithner. Watch this short video clip for his answer, and then search your textbook as Professor Meltzer suggests.

And you will search in vain.

Had George Bush tried this crap talking about all the jobs his administration had “saved,” the mainstream media would have been tearing into him like pit bulls tearing into red meat.  Because it is a giant fabrication created for the sake of pure political posturing.

Obama hasn’t “created or saved” anywhere NEAR 2 million jobs.  And his own numbers prove it.

Here’s a screenshot from Obama’s Recovery.gov site, accessed Thursday, February 11, 2010:

Let’s see: 595,263 jobs versus 2 million: Obama is a big fat liar.  And a transparent liar at that.

We find that the government has spent $272 billion in stimulus funds so far.  And $272 billion divided by 595,263 jobs comes out to $456,941 per job.

Obama has created his own Pyrrhic victory.  For the sake of argument, suppose Obama has created jobs with his stimulus, contrary to the bogus zip codes, nonexistent congressional districts, and the claims that a single lawnmower “saved” 50 jobs as evidence to the contrary.  Damn, we’ll go bankrupt if we create many more.

Which is to say it is every big as gigantic of a boondoggle and failure as every single House Republican who voted against the stimulus said it would be.

You’ve got to do your own research to see what a stinking pile of lies Obama’s jobs figures have truly been, with billions of stimulus dollars disappearing into bogus zip codes and nonexistent congressional districts.  You can be certain that the Obama administration and the sycophantic mainstream media will tell you the truth.

Now we’re hearing that the White House is forecasting that the economy will expand by 95,000 jobs a month.  But we should believe one word they’re saying WHY???  All they’re doing is taking a demonstrated dishonest metric and pointing it at the future.

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