So now that it's official that the almost 1 trillion dollar stimulus is a complete, unmitigated failure, what should the smartest president
evah do? We already know he wants to repeat his failure with another stimulus package. So what else?
First the bad news:
STIMULUS WATCH: Unemployment Unchanged by Projects - ABC News
Here's what any good progressive White House does when nobody takes them seriously with the term "saved or created" jobs. Change the talking point to "funded jobs".
That will actually make the effect of the failed stimulus look better.
Here's how:
When Chrysler reported a $53 million contract to build 3,000 government vehicles last fall, it listed zero jobs because it used existing employees to fill the orders. But under the new rules, those workers would have counted.
The Associated Press found that some recipients were counting pay raises as stimulus jobs. That will be OK under the new rules, but only if they are counted as fractions of a job.
The California state auditor rapped the state corrections department (PDF) for reporting 18,000 jobs instead of just 5,000 officers who had received layoff notices before stimulus money came in. But under the new guidance, the corrections department may have been right because stimulus money is helping it make payroll for all its employees.
A trillion dollar scam with money that doesn't exist until the bill is due. Thanks Obama and thanks all you people that voted for a feeling instead of a person. Thanks for putting an empty shell in the White House. Thanks for the ACORN community organizer as President. Thank you for a failure worse than Jimmy Carter.
White House Changes Stimulus Jobs Count - ProPublica
Farewell Saved or Created: Obama Administration Changes the Counting of Stimulus Jobs - Political Punch
