Thursday, October 29, 2009

Stimulus success lies

"An early progress report on President Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports. The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs . . . some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced."

"Overstated" in Washington means "lied and got caught".

It's no accident when bureaucrats "overstate" by a factor of 10, or count something twice and four times, or claim something exists that doesn't.

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