Wednesday, January 13, 2010

Creating jobs?

The White House has abandoned its controversial method of counting jobs under President Obama's economic stimulus, making it impossible to track the number of jobs saved or created with the $787 billion in recovery money.

Despite mounting a vigorous defense of its earlier count of more than 640,000 jobs credited to the stimulus, even after numerous errors were identified, the Obama administration now is making it easier to give the stimulus credit for hiring. It's no longer about counting a job as saved or created; now it's a matter of counting jobs funded by the stimulus.

That means that any stimulus money used to cover payroll will be included in the jobs credited to the program, including pay raises for existing employees and pay for people who never were in jeopardy of losing their positions.
http://www.usatoday.com/news/washington/2010-01-12-stimulus-counting_N.htm

So, having been caught using a flawed method of counting "jobs created", they have now settled on an even more bogus method, "making it impossible to track the number of jobs saved or created" but "making it easier to give the stimulus credit for hiring".

As with all government programs, the one job always guaranteed to be created is "statistician".

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