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Thread: 30,383: First Tally On Stimulus Jobs

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    30,383: First Tally On Stimulus Jobs

    1. The White House yesterday released its initial tally on the rubber-hits-the-road results of its intensely trumpeted "Stimulus."

    2. In six months of spending, a scant sum of 30,000 jobs have been "created or saved."

    3. At a cost of $16 billion allocated and $2.2 actually allotted.

    4. Where's the catalysis?

    5. We were told the whole point of the Recovery Act was all about NOW.

    6. It appears, instead, Plan Pelosi really was the most egregious example of insiders earmark, traditional pork barrel budgeting, business as usual.

    7. Michigan, for one measure, our most miserable milieu, moaning with more than 15% unemployed, "saved" a mere 400 commissions at a bottom line of $1.5 mil.

    8. Or, $400,000 per.

    9. A grafitti removal project in the Los Angeles Aqueduct, granted some $800,000, hired just one new wall scrubber.

    10. New York, another nervous neighbor, has engaged 655 new workers at a cost of $60 mil, almost 7 figures per.

    11. Rhode Island has added an aggregate 6 artisans.

    Recipient-Reported State and Agency Data

    12. All this melancholy accounting is one thing, the manifest absence of stimulation is more.

    13. This chief exec and his congress have no clue what they're accomplishing.

    14. Leviathan health care dies a thousand cuts, some small, many large.

    15. 30,000 jobs "created or saved" by Thanksgiving EXCEEDS the White House's expectations of its own "Stimulus."

    16. LOL!

    The White House on Thursday unveiled the first hard data on how many jobs the $787 billion recovery act has created.

    So far, companies that have received stimulus contracts directly from the federal government have created 30,383 jobs. These firms have been awarded $16 billion in contracts, and have actually been paid $2.2 billion.

    Stimulus-fueled job creation has become a very controversial issue. The White House has faced blistering attacks by Republicans, who contend that the recovery act has failed to live up to its promise to put Americans back to work.

    So far, the federal government has made available a total of $256.3 billion in contracts, grants and loans and has paid out $110.7 billion to state and local governments, non-profit agencies and companies. The reports released Thursday were the first in a series that provides a tally of the actual number of jobs created by the Recovery Act.

    Small Slice of Stimulus

    The Obama administration downplayed the data released Thursday, saying it represents just a small sliver of the stimulus that's been spent since the massive recovery act was enacted in February.

    "It is too soon to draw any global conclusions from this partial and preliminary data...but the early indications are quite positive," said Jared Bernstein, chief economist for Vice President Joe Biden. "The direct count by Recovery Act recipients of jobs created or saved from this small percentage of the Recovery Act exceeds our projections."
    30,383: First stimulus jobs numbers unveiled - Oct. 15, 2009


    The Prof

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    Re: 30,383: First Tally On Stimulus Jobs

    Most of the money won't be spent until 2010 when we'll probably be out of recession, but I thought that Congress had to pass the bill now before anyone read it

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    Re: 30,383: First Tally On Stimulus Jobs

    "The stimulus hasn't failed because it hasn't even started yet," defenders assert. Though, just because you've never jumped off the top of a cliff doesn't enable you to fly. Not happening, is the definition of failure.

    This bill couldn't even get off the ground it was so loaded down by failure. Now, it's first offerings, show just how inconsequential this all was. Though, of course, you won't hear it talked about at Salon, Huffington Post or the All Barack Channel.

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    Re: 30,383: First Tally On Stimulus Jobs

    What part of "It is too soon to draw any global conclusions from this partial and preliminary data" did the Prof not understand?

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    Re: 30,383: First Tally On Stimulus Jobs

    The entire "stimulus" was nothing more than psychological. Essentially, a dick measuring stick that allows us to believe we were still superior to China.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: 30,383: First Tally On Stimulus Jobs

    Quote Originally Posted by Joe1991 View Post
    What part of "It is too soon to draw any global conclusions from this partial and preliminary data" did the Prof not understand?
    too soon

    stimulus

    6 months

    30G "exceeds" admin expectations

    LOL!

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    Re: 30,383: First Tally On Stimulus Jobs

    What incredible drivel from this administration.

    They better keep up the propaganda because if they pass the bills they want it will throw us into a depression with higher energy costs, higher health care costs and higher taxes. What is Obama calling that, the DEPRESSION PLAN?
    I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.--Thomas Jefferson

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    Re: 30,383: First Tally On Stimulus Jobs

    obamacare encumbers cruel tax increases upon the lower and middle classes

    it's how the 829B baucus bill, for example, is paid for

    betrayal of obama's most basic bond

    now, word is out that reform intends to surcharge the chubby

    Overweight? Smoker? Health bills hit hard - Washington Post- msnbc.com

    diabetics will be double billed

    how's them politics gonna play?

    but, hey, they gotta get that 800B somewhere

    actually reid, from behind that locked office door, says the real price is 2T

    http://www.realclearpolitics.com/vid..._trillion.html
    Last edited by The Prof; 10-17-09 at 05:42 PM.

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    Re: 30,383: First Tally On Stimulus Jobs

    Quote Originally Posted by The Prof View Post
    7. Michigan, for one measure, our most miserable milieu, moaning with more than 15% unemployed, "saved" a mere 400 commissions at a bottom line of $1.5 mil.
    Looks like someone took their alliteration pill this morning.
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

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    Re: 30,383: First Tally On Stimulus Jobs

    Quote Originally Posted by Joe1991 View Post
    What part of "It is too soon to draw any global conclusions from this partial and preliminary data" did the Prof not understand?
    What part of "The stimulus saving or creating 4 million jobs is BS" is alluding you?. Preliminary - meaning --- before the government can apply their famous fuzzy math? Gimme a break.

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