November 16, 2009

Obama Slashed 60,000 Jobs

ABC News business story: "Obama Admin Slashed 60,000 Jobs From Recent Stimulus Report."

- Unrealistic data. Little chance that a $42,000 grant actually created 5,000 jobs.

3 comments:

flyingvan said...

Sure they could. Each job paid a total of $8.40. Of course, 44% of that went to taxes...

shoo said...

Since they are trying so hard to get the numbers right, I hope they will also include all the jobs lost because of the money the government diverted from the private sector in order to provide the stimulus. Don't think I would count on that...

flyingvan said...

Kudos to Rep. Daivd Obey (D-WIS), House ways and means commintee, for challenging the administration in no uncertain terms on their fast and loose numbers. Here is one democrat that isn't in Obama's pocket. I wish they could all act for the nation, not the party.