Obama: 650,000 jobs saved, created by stimulus

amoeba15
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:37:24 GMT -5

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Post by amoeba15 on Oct 30, 2009 13:37:24 GMT -5

WAY TO GO PRESIDENT OBAMA. 8-)

Reports to be released Friday on the government Web site Recovery.gov are expected to show that the $150 billion in grants and loans made so far under the economic stimulus package have created or saved about 650,000 jobs, White House officials said Friday morning.

White House officials said the reports -- which were filed by state and city governments and other recipients of stimulus grants and loans -- will confirm their recent estimates that the $787 billion package passed in February has so far saved or created about a million jobs, putting it on track to match their estimates of 3.5 million jobs created or saved over the three-year span of the stimulus. That calculation is based on the fact that today's reports do not include much of the package's spending -- tax cuts, safety net spending and fiscal aid to strapped states, which injected tens of billions more into the economy and, in the case of the state aid, forestalled layoffs of state workers.

www.washingtonpost.com/wp-dyn/content/article/2009/10/30/AR2009103001095.html?hpid=topnews

Last Edit: Oct 30, 2009 13:39:08 GMT -5 by amoeba15

packerconvert Administrator Guru - Week #2, #9 - 2009 Posts: 5,852	Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:38:33 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by packerconvert on Oct 30, 2009 13:38:33 GMT -5 Yeah sure. Mhmm. Gotcha! You bet. I hope most of these created jobs lasted longer than five weeks.
	Clinton/Rubio 2016

TW Administrator Posts: 16,022	Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:42:28 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by TW on Oct 30, 2009 13:42:28 GMT -5 Is that "full time jobs" with benefits, or more part time jobs with no bennies? It obviously hasn't done anything to curb runaway unemployment.
	Last Edit: Oct 30, 2009 13:43:19 GMT -5 by TW TW

packerconvert
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:45:40 GMT -5

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Post by packerconvert on Oct 30, 2009 13:45:40 GMT -5

I agree with TW. I am not hearing any reports of manufacturing picking up and companies expanding their employment rolls..

This administration is counting jobs that lasted short term as "New Job" creations.

I am a bit cynical of this report.

Clinton/Rubio 2016

amoeba15
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:45:52 GMT -5

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Post by amoeba15 on Oct 30, 2009 13:45:52 GMT -5

Oct 30, 2009 13:38:33 GMT -5 packerconvert said:

Yeah sure. Mhmm. Gotcha! You bet.

I hope most of these created jobs lasted longer than five weeks.

Well, let's see what ARNOLD has to say --

Appearing with Biden Friday, California Gov. Arnold Schwarzenegger said the $12.5 billion his state has received so far has created or saved about 100,000 jobs, including 62,000 education positions.

"Those teachers would have been gone," he said.

Other states released data this week that shows the complexity of the reporting.

Maryland announced Thursday that recovery funds fueled 4,464 direct positions. Officials also estimate that 1,451 indirect jobs were created or saved, while another 8,167 jobs were created or saved because of increased stimulus-related consumer spending. The state received awards of over $2 billion but spent only 11% of these funds, or $229,200.

"There are more than 14,000 Marylanders working today that otherwise would be facing unemployment," said Gov. Martin O'Malley.

In Massachusetts, a total of 23,500 residents were working because of the recovery act, said Gov. Deval Patrick on Wednesday. The state reported to the federal government that stimulus accounted for 8,800 full-time direct jobs. The state received about $4 billion in recovery funds.

"This report shows that our work is paying off," said Patrick. "Real jobs are being created or saved, real projects are underway and we're making real investment in our long-term economy."

money.cnn.com/2009/10/30/news/economy/Stimulus_jobs_created/?postversion=2009103014

Once again, either your Borg programming or your rose colored glasses are simply unable to see the truth.

amoeba15
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:47:44 GMT -5

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Post by amoeba15 on Oct 30, 2009 13:47:44 GMT -5

"Every dollar being spent from Recovery Act is helping put someone back to work," said Vice President Joe Biden, citing 80,000 construction jobs and 325,000 education positions created or saved by stimulus funds. "My message today is that we're on track."

money.cnn.com/2009/10/30/news/economy/Stimulus_jobs_created/?postversion=2009103014

More info. expected this afternoon. 8-)

packerconvert
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:48:09 GMT -5

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Post by packerconvert on Oct 30, 2009 13:48:09 GMT -5

Dude! California is bankrupt!

Alot of the money didn't go to create jobs as it was suppose to. It went to shoring up the budgets of overspending States.

Obama is, once again, changing terminology to point to his pseudo success.

These states should have been forced to cut expenditures instead of bailing them out to continue their high expense ways.

Clinton/Rubio 2016

TW
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Posts: 16,022

Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:48:52 GMT -5

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Post by TW on Oct 30, 2009 13:48:52 GMT -5

Let's look at those teaching jobs in California. Who steps up for the next school year to cover the tab for these teachers? Will the attrition of retirement soften the blow of lack of money to make a sizable difference?

I question all these statements when they aren't presented with supporting evidence that shows long term gains from what has been done.

The way it's stated is like putting another piece of duct tape on something to keep it from blowing away "now."

TW

amoeba15
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Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:50:21 GMT -5

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Post by amoeba15 on Oct 30, 2009 13:50:21 GMT -5

Wisconsin Gov. Jim Doyle, a Democrat, said Friday "there's just no doubt" that the federal aide spared 6,100 government jobs, including teachers, police officers and firefighters, in his state.

"There would have been dramatic layoffs," he said.

www.google.com/hostednews/ap/article/ALeqM5jMNoef6xDenBbHWO0Im6rIjDmAgAD9BLI2L80

packerconvert Administrator Guru - Week #2, #9 - 2009 Posts: 5,852	Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:51:06 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by packerconvert on Oct 30, 2009 13:51:06 GMT -5 I am glad we could save a bloated government.
	Clinton/Rubio 2016

amoeba15 Guest	Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:51:11 GMT -5 Quote Select Post Deselect Post Link to Post Back to Top Post by amoeba15 on Oct 30, 2009 13:51:11 GMT -5 The supporting documents/evidence will be released later this afternoon.

amoeba15 Guest	Obama: 650,000 jobs saved, created by stimulus Oct 30, 2009 13:55:17 GMT -5 Quote Select Post Deselect Post Link to Post Back to Top Post by amoeba15 on Oct 30, 2009 13:55:17 GMT -5 Oct 30, 2009 13:51:06 GMT -5 packerconvert said: I am glad we could save a bloated government. A bloated government is much better then the Bushwhacker's full of crap/steal you blind government. ;D