Large muti-national firms get favor for stimulus money. Thought that was a republican thing.
BillingsGazette.com :: State firms cry foul over stimulus projects
"Jobs saved" is fiction.
McGurn: The Media Fall for Phony 'Jobs' Claims - WSJ.com
Want to know how Obama calculates jobs saved? They (his staff) calculate "x" number of jobs saved per dollars spent. This calculation has no basis in fact other than what they feel.
So, when the stimulus was passed with the statement "3 million jobs created or "saved", that was the starting point.
Now, with unemployment climbing, and no data supporting jobs created, the only thing left is jobs "saved".
So, with 5% of the stimulus spent, they calculate 5% of the 3 million. WOW! 150,000 jobs "saved". That's the figure that was put out this week.
Now he's saying that 600,000 will be "saved" by the accelerated spending he's demanded. None of it verifiable.
The only body that uses data to determine jobs
created, is the Bureau of Labor Statistics. Not Obama, not Joe Biden, not anyone in the White House. So, if you don't here anything from them, there is nothing. No jobs "saved or created". It's all fiction.
