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Number of Jobs Credited to Stimulus Overstated by Thousands

Discussion in 'News & Current Events' started by Revmitchell, Oct 29, 2009.

  1. Revmitchell

    Revmitchell Well-Known Member
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    A Colorado company said it created 4,231 jobs with the help of President Barack Obama's economic recovery plan. The real number: fewer than 1,000.

    A child care center in Florida said it saved 129 jobs with the help of stimulus money. Instead, it gave pay raises to its existing employees.

    Elsewhere in the U.S., some jobs credited to the stimulus program were counted two, three, four or even more times.

    The government has overstated by thousands the number of jobs it has created or saved with federal contracts under the president's $787 billion recovery program, according to an Associated Press review of data released in the program's first progress report.

    More Here
     
  2. NiteShift

    NiteShift New Member

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  3. targus

    targus New Member

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    That 9.8% national unemployment rate looks pretty sweet from here in Michigan.

    We're at 14.8% and climbing thanks to our Democrat Governor.
     
  4. NiteShift

    NiteShift New Member

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    You mean that government takeover of GM did fix it right up?
     
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