1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Net Job Impact of Obama Stimulus: Zero

Discussion in 'Political Debate & Discussion' started by carpro, Dec 8, 2010.

  1. carpro

    carpro Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    21,776
    Ratings:
    +1,280
    Faith:
    Baptist
    http://www.americanthinker.com/blog/2010/12/net_job_impact_of_stimulus_zer.html

    December 05, 2010

    Net job impact of stimulus zero, from SF Federal Reserve study
    Richard Baehr

    A study by Daniel J. Wilson of the San Francisco Federal Reserve Bank, suggests that the net job creation from the $814 billion stimulus bill passed in February, 2009, was zero by August 2010. In the first year, the stimulus "saved or created" 2 million jobs (not 4 million as repeatedly claimed by the Administration), but this number proved to be short lived, paying for temporary jobs, at a very high cost of $400,000 per job "saved or created."

    By August, 2010, the impact of the stimulus on net job creation had disappeared.
     
  2. Steven2006

    Steven2006 New Member

    Joined:
    Jun 29, 2006
    Messages:
    2,065
    Ratings:
    +0
    Something right about Oboma and the number zero.
     
  3. Salty

    Salty 20,000 Posts Club
    Moderator

    Joined:
    Apr 8, 2003
    Messages:
    22,720
    Ratings:
    +660
    Faith:
    Baptist
    But thousands were employed by the Census bureau
     
  4. carpro

    carpro Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    21,776
    Ratings:
    +1,280
    Faith:
    Baptist
    Uh huh. ...and the rest of the story...


     
  5. Paul3144

    Paul3144 Active Member

    Joined:
    May 29, 2009
    Messages:
    2,378
    Ratings:
    +0
    The Census Bureau got some stimulus money, but that wasn't used for most Census positions. I think they got some money for the Partnership program and for advertising, but other than that Census money was separately appropriated.
     
Loading...