On Oct 18, 10:47*am, BarackHuessinObama mmm mmm mmm
wrote:
Jobs “saved or created” from $787 billion Porkulus: 30,083

We’ve long criticized the Obama administration measure of jobs “saved
or created” by their economic policies as ridiculously ambiguous.
That seemed confirmed when the White House announced last month that a
million jobs had been “saved or created” by the stimulus package,
without any supporting data. *This week, the administration finally
supplied the data, and the number came to less than 1/30th of their
September claim:
The first direct stimulus reports showed that stimulus contracts saved
or created just 30,083 jobs, prompting more Republican criticism of
the $787 billion package.
The data posted Thursday was the result of the government’s initial
attempt at counting actual stimulus jobs. Obama administration
officials stressed that data was partial — it represented just $16
billion out of the $339 billion awarded — but they said it exceeded
their projections.
“All signs — from private estimates to this fragmentary data — point
to the conclusion that the Recovery Act did indeed create or save
about 1 million jobs in its first seven months, a much needed lift in
a very difficult period for our economy,” said Jared Bernstein, the
chief economist for Vice President Joe Biden.
Well, which $16 billion are we talking about? *And where did the rest
of the $339 billion, almost half of the Porkulus appropriation, go?
Why didn’t the administration show that information to make the
argument that the other $329 billion had the exact same effect as the
$16 billion it highlighted in its initial report?
At the rate shown by this report, this comes to almost $532,000 per
job “saved or created”. *Extrapolating that over the entirety of the
Porkulus spending, the bill would only “save or create” 1.48 million
jobs, and that assumes that it actually did “save or create” those
jobs in the first place.
Now, let’s assume for the sake of argument that the jobs we “saved or
created” pay the national average salary of $50,000 and are
permanently saved or created, a very generous assumption consider the
kind of temporary hiring that we have seen from this effort. *If each
of these jobs paid an effective federal income tax rate of 15%, it
would take over 70 years for them to pay back the money we spent on
Porkulus, and that doesn’t count the interest we will pay on those
funds. *At a 20% effective tax rate, it would take over 53 years.
And all of that assumes that the program works exactly as the
adminstration claims. *On that score, I’ll let Ken Spain have the last
word:
“Despite numerous promises from Congressional Democrats, there are
still 15.1 million Americans out of work,” said Ken Spain, spokesman
for the National Republican Congressional Committee. “After wasting
taxpayer dollars to produce an unimpressive 397 jobs in Michigan,
middle-class families are still asking one thing: Where are the jobs?”

This stimulous package is what has destroyed jobs, or is in the
process
of destroying the Democrat majority in Congress, and ultimately,
the possible early removal of Barack Obama from office?

What does Las Vegas say, don't they have a bet running somewhere? LOL.
Too much information is in the dark, and anyone who bothers to think
about
it, will see it this way? I would not be surprised? The stimulous
package did
ten times more damage to the economy than the 9/11 event? Why was
the 9/11 event focused around the world trade center? You still don't
see
the possibly obvious connection, do you?

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"Editor RadioTalkingPoints" wrote
in message
...
On Oct 18, 10:47 am, BarackHuessinObama mmm mmm mmm
wrote:
Jobs “saved or created” from $787 billion Porkulus: 30,083


You may want to qualify this with the fact that these 30,000 jobs were
created with one small program that used a very very small fraction of the
stim. This is simply the first program to be quantified.

Devvy Kidd once posted this website in one of her news articles.Website
is,
www.layoffdaily.com

Also, www.newswithviews.com
Devvy Kidd, and other people there who tell it like it really is.
cuhulin

Born in Kenya! DUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMB
ASSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSS has found his
oppressor.
http://www.libertypost.org/cgi-bin/r...?ArtNum=276036

SIC him FOX NEWS, SIC him!!!
cuhulin

wrote:
Born in Kenya! DUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMB
ASSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS SSSSSS has found his
oppressor.
http://www.libertypost.org/cgi-bin/r...?ArtNum=276036

SIC him FOX NEWS, SIC him!!!
cuhulin


http://mediamatters.org/research/200910190001

Ah wuz ober ats teh Goodwill store ah coupla deyz ahhgo, ah saw ah nice
lookin Sears Craftsman jig saw.Ah plugged it in, teh motor runs ok, ah
lookseed insyde, the blade izza offa teh roller weelz, ah kin fix
tHat.Ah asked the dude sittin atz teh checkout counter, How much is this
saw? He said, Twenty five dollars.Ah told him, Thanks furr savin me
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lykes ah needs ahnudder hole in teh head.Howsumeber, ah yam fixin tah
plop mah battery en mah new old 1983 Dodge van tHat ah bought ah yier
ahhgo anna hop onna bak ober tah teh Goodwill store and iffen Edna izza
thar, mebe ah kin bought teh jig saw furr bouts fibe er tin dollers.Ah
figur hits woith ah try.
cuhulin, ah typee talkee lyke ah embasysul