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Stimulus funds boost number of federal jobs

Crunch

Crunch

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By Matt Kelley, USA TODAY
WASHINGTON — The $787 billion economic recovery package also is stimulating growth in the federal government as agencies hire thousands of workers and spend millions of dollars to oversee and implement the package, according to government records and spokesmen.
Fourteen of the top federal agencies responsible for spending under the American Recovery and Reinvestment Act say they've hired about 3,000 workers with stimulus money. That's helped fuel the continued growth of the federal government, which increased by more than 25,000 employees, or 1.3%, since December 2008, according to the latest quarterly report. During that time, the ranks of the nation's unemployed increased by nearly 4 million, Labor Department statistics show.

Overall, there are about 2 million federal workers, the data show.

Thirteen agencies that report stimulus-related administrative expenses separately on their weekly spending reports say they've spent $186.8 million so far on salaries and other overhead. Those agencies have reported spending $46.1 billion in stimulus funds overall.
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Stimulus funds boost number of federal jobs - USATODAY.com

Looks like Obama is just a little short of his promise to create 3,500,000 new jobs.... like about 3,475,000 short, but what the heck, it only cost us $787,000,000,000.

I don't know about you, but I'm impressed!
 
Yea but you forgot that he was going to create or SAVE 1 to 2 million jobs. He must have saved a lot of jobs. Obviously, not any of those 4 million that lost their jobs, but possibley some others.:lamo
 
GetAClue said:
Yea but you forgot that he was going to create or SAVE 1 to 2 million jobs. He must have saved a lot of jobs. Obviously, not any of those 4 million that lost their jobs, but possibley some others.:lamo
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Well, he has saved all 2,000,000 Government jobs... :mrgreen:
 
liblady said:
did you happen to read that new jobless claims are the lowest since january? progress is being made.
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We did not need to spend almost a trillion dollars in a stimulus for that to occur. Economies go in cycles, and this recession is no different. Except this go round have spent trillions (between Republican and Democratic Admins) in some vain attempt to not let the economy do what it has to do to continue with real growth.
 
liblady said:
did you happen to read that new jobless claims are the lowest since january? progress is being made.
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You mean the loss of jobs has slowed down?... except in government of course?

So where are all the new jobs?.... except in government, of course.

That is not progress, that is the headlong plunge hitting bottom.
 
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liblady said:
did you happen to read that new jobless claims are the lowest since january? progress is being made.
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They're lower because unemployed workers are falling off the back-end of the unemployment insurance cycle. Mass layoffs went up 24% from July. The CBO predicts 2.3 million jobs will be lost next year. It may be progress for the Libbo agenda, but not for the rest of us.
 
Yes, this bush recession sure is a bitch isn’t it? ;)
 
apdst said:
Refresh my memory. How did Bush cause all this?
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According to the National Bureau of Economic Research, the official start of the current recession was December of 07.President Bush was in office for around six years when the recission started …so connecting the dots, tells me that is was caused by something he did. More than likely cutting taxes while fighting two wars.
 
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donc said:
According to the National Bureau of Economic Research, the official start of the current recession was December of 07.President Bush was in office for around six years when the recission started …so connecting the dots, tells me that is was caused by something he did. More than likely cutting taxes while fighting two wars.
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Kudos for telling us when it supposedly started, now can you tell us exactly what Bush did to cause it?
 
apdst said:
Kudos for telling us when it supposedly started, now can you tell us exactly what Bush did to cause it?
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Go look at post #10 I bolded and underlined it for you. ;)
 
donc said:
Go look at post #10 I bolded and underlined it for you. ;)
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I do not think that cutting taxes and fighting two wars caused banks to fail, and thereby the recession. The cost of the war at the end of the Bush term was around $1 trillion, and the CBO estimates on his tax cuts showed a long term revenue increase.

Deficits do not automatically equate to recession. I think more of the cause was the collapse of the banking sector, credit swaps, perhaps oil prices, the failure of the derivative market, which surely no one can blame squarely on the Bush administration, as the causes for that collapse were created and furthered over the course of years and multiple administrations.
 
apdst said:
You can't be serious?
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sumbprimemarketgraph.jpg


Yes it was a contributing factor, along with the deregulation of the banking and the repeal of Glass-Steagall, act in 1999, which brought about the mergers of investment banks and regular banks.

Here’s a graph you can look at until I get back with you tomorrow, this old trucker has to hit the bunk, have a early delivery tomorrow, see ya on the flip. :2wave:
 
Crunch said:
Stimulus funds boost number of federal jobs - USATODAY.com

Looks like Obama is just a little short of his promise to create 3,500,000 new jobs.... like about 3,475,000 short, but what the heck, it only cost us $787,000,000,000.

I don't know about you, but I'm impressed!
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Hey, be nice to Obama. Just recently, he noted that he 'slowed the rate of loss of jobs.'

"Don't worry, folks, the country is still going down the tubes but less of you lost jobs this month than last month. Remember, there's always the government!"

It's beginning to show that he never accomplished much in the private sector - the man has no clue on anything relating to a balance sheet or income statement. Tax, spend, wreck, repeat.

I would say this is a nice change from the Republican's cut taxes and spend like drunken sailors policy but that's like comparing a turd to diarrhea. Both stink.
 
Crunch said:
Well, he has saved all 2,000,000 Government jobs... :mrgreen:
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You're happy that we have more useless people getting a Gubermet check ?

What Government agency do you know that does a good job? Or are they
all inefficient and wasteful entities ?

These "JOBs" are like the ACORN positions, they basically that give taxpayer
money to hacks to push Obama's agendas !

And the cost ??? Take a look at what our politicians have done for us, and why we should not allow them to
control our finances !
http://www.usdebtclock.org/
 
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NoMoreDems-Reps said:
You're happy that we have more useless people getting a Gubermet check ?

What Government agency do you know that does a good job? Or are they
all inefficient and wasteful entities ?

These "JOBs" are like the ACORN positions, they basically that give taxpayer
money to hacks to push Obama's agendas !

And the cost ??? Take a look at what our politicians have done for us, and why we should not allow them to
control our finances !
U.S. National Debt Clock : Real Time
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acorn.jpg


This cartoon pretty well sums up the Acorn hysteria from the right. ;)
 
donc said:
acorn.jpg


This cartoon pretty well sums up the Acorn hysteria from the right. ;)
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Nevermind the corruption within the ACORN ranks, right?
 
apdst said:
Nevermind the corruption within the ACORN ranks, right?
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That cartoon does pretty well put in the proper perspective don’t you think? :2wave:
 
donc said:
That cartoon does pretty well put in the proper perspective don’t you think? :2wave:
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If you're a far out Left wing Libbo, sure. I mean, you still think that Bush caused the recession.
 
apdst said:
If you're a far out Left wing Libbo, sure. I mean, you still think that Bush caused the recession.
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I yam, what I yam and that is all I yam as Popeye said.

But one thing “I” didn’t say is that bush caused the recession. What I did was call it the bush recession, as it was started on his watch, that has been the way of labeling recessions as long as I can remember.

What I did say was when bush cut the taxes in 2001 and again in 2003 that imo that exacerbated this economic crisis that we are now coming out of. I am not alone in this thought, in 2003, 450 economist including ten Nobel Prize Laureates urged bush not to cut the taxes. Here is the reason they gave for their opposition.

(According to the statement, the 450 plus economists who signed the statement believe that the 2003 Bush tax cuts will increase inequality and the budget deficit, decreasing the ability of the U.S. government to fund essential services, while failing to produce economic growth.)

Kinda looks like they were spot on to me.:2wave:
 
donc said:
acorn.jpg


This cartoon pretty well sums up the Acorn hysteria from the right. ;)
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I got so caught up in attacking those who aid child prostitution, I lost perspective.

Though there is that "do onto others" thingy. I think I'd want to be notified if the NRA started handing out advice on how to use child prostitution to smuggle in firearms.
 
Metternich said:
I got so caught up in attacking those who aid child prostitution, I lost perspective.

Though there is that "do onto others" thingy. I think I'd want to be notified if the NRA started handing out advice on how to use child prostitution to smuggle in firearms.
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You really should get up to date, the Acorn thingy is almost two weeks old,its so old news.The current thingy from faux (at least the one that ended yesterday) to get indignant about was some teacher teaching children to sing verse about the President. Of course if you check in early tomorrow I’m sure faux news will update you on the latest thingy to be indignant about. ;)
 
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I'm okay with Sunday school songs with the word 'God' replaced with 'Obama.'

Zum letzten Mal wird nun Appell geblasen!
Zum Kampfe steh'n wir alle schon bereit!
Bald flattern Hitlerfahnen über Barrikaden.
Die Knechtschaft dauert nur noch kurze Zeit

[For the last time the call will now be blown;
For the struggle now we all stand ready.
Soon will fly Hitler-flags over every street;
Slavery will last only a short time longer. ]

Sorry, wrong era? I've never been good at this socially minded public spirit stuff. My humblest apologies.

But not, I'm not very disgruntled by it. Still all so focused on the 'child prostitution helpers,' how pathetic is that? Can't I just grow up and accept it?
 
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