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Senate advances jobs bill after collecting five GOP votes

Does this mean that they'll have to amend their latest little bumper sticker...LOL

NJ, Va and Ma
 
15 billion dollars does nothing for the economy in general. what a farce to give that impression.

it's a pig! :)

mtm1963
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Does he not understand the word NO? There have been no new net jobs created so far and this is not going to help either.

CBO: Stimulus bill added up to 2.1 million jobs - Economy at a Crossroads- msnbc.com

WASHINGTON - The massive stimulus package passed last year to blunt the impact of the worst U.S. recession in 70 years created up to 2.1 million jobs in the last three months of 2009, the non-partisan Congressional Budget Office said Tuesday.

The package boosted the economy by up to 3.5 percent and lowered the unemployment rate by up to 2.1 percent during that period, CBO said.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

CBO: Stimulus bill added up to 2.1 million jobs - Economy at a Crossroads- msnbc.com

WASHINGTON - The massive stimulus package passed last year to blunt the impact of the worst U.S. recession in 70 years created up to 2.1 million jobs in the last three months of 2009, the non-partisan Congressional Budget Office said Tuesday.

The package boosted the economy by up to 3.5 percent and lowered the unemployment rate by up to 2.1 percent during that period, CBO said.

what's the low end of the "up to"? :)

mtm1963
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Those of you who are criticizing the bill as being useless tax cuts:

Why is it always about "what the Democrats want" and stopping Obama from making any progress? Why is every "liberal agenda" or intention viewed as negative? Why is every effort to make this problem go away stalled?

Can you not see that there is a serious problem? What has to be done for you to sympathize with the suffering people enough to get off your high horse, stop complaining about the bills that Democrats are TRYING to get passed to HELP AMERICANS IN NEED, and make a suggestion or two? Stop tearing down the efforts to make positive changes and make an effort to better your country.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

2.09 million.

you don't find this number a little fishy? without the stem, an additional 2 millions would have been lost? what about the pryor 3 months? those losing their jobs had come down greatly since the beginning of the year.

if this number were true there would have been a good increase in job gains during the last 3 months of the year, but that wasn't the case. your talking on average of 700,000 jobs per month, that's as many jobs as we were losing at the height of the recession.

mtm1963
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

you don't find this number a little fishy? without the stem, an additional 2 millions would have been lost? what about the pryor 3 months? those losing their jobs had come down greatly since the beginning of the year.

if this number were true there would have been a good increase in job gains during the last 3 months of the year, but that wasn't the case. your talking on average of 700,000 jobs per month, that's as many jobs as we were losing at the height of the recession.

mtm1963

Well the CBO is supposed to be non partisan. I really don't know if the stimulus is doing any good or not, for no one knows where we would be without it.
It just seems like some are terrified that Obama will be successful in pulling us out of this crisis. I don't agree with his policies but I do hope they work.
 
no one's terrified obama will pull us out, everyone's anxiously waiting for things to get better, in which case he'll rightly get the credit

but now things are getting worse, much, much worse

and most economists are not real optimistic looking into the near term future

the long term, on the other hand, is terrifying, with the tens of T's of unfunded liabilities in the form of all those super popular entitlements our progressives invented in previous decades, the bills for which must soon come due

around the time of the baby boomers?

and beyond?

remember?

as for the stimulus, no one knows how many jobs were "created," how many "saved"

i don't think the white house has straight in their own addled heads exactly what "created" and "saved" mean to themselves, what if any distinction

we know obama abandoned use of the fuzzy terms in january

Farewell ?Saved or Created?: Obama Administration Changes the Counting of Stimulus Jobs* - Political Punch

valerie jarrett, whom rahm the ram ripped in dana milbank's piece, said "thousands" of jobs were prestidigitized by the RECOVERY ACT

"stimulus" is another word the white house no longer uses

the president's own web site has 640,000

cbo has no idea how many jobs, no one does

the white house, among all its other failures, has done an absolutely horrendous job of accounting all this spending and sposed hiring

even worse they're performed when it comes to communicating these crucial details to the american people, whom the white house clearly has little respect for
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Well the CBO is supposed to be non partisan. I really don't know if the stimulus is doing any good or not, for no one knows where we would be without it.
It just seems like some are terrified that Obama will be successful in pulling us out of this crisis. I don't agree with his policies but I do hope they work.

they are supposed to be. :) they are good at telling us what the government has already spent, but not much more. stem has been good for state governments to some extent of helping them with there own deficits.

i'm not terrified that the economy will recover under Obama. in fact i want it to, it's good for MY job.

i'll give the economy the credit for it's recovery for the most part rather than something the federal government has done.

mtm1963
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

CBO: Stimulus bill added up to 2.1 million jobs - Economy at a Crossroads- msnbc.com

WASHINGTON - The massive stimulus package passed last year to blunt the impact of the worst U.S. recession in 70 years created up to 2.1 million jobs in the last three months of 2009, the non-partisan Congressional Budget Office said Tuesday.

The package boosted the economy by up to 3.5 percent and lowered the unemployment rate by up to 2.1 percent during that period, CBO said.

It's like clockwork...

http://www.debatepolitics.com/gener...-white-house-changes-stimulus-jobs-count.html

Can't wait to see this idiocy all over the NYT for the next 2 weeks, with nary a mention of the change in counting method.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Got a link to counting method changes?

Changing how stimulus jobs are counted - Jan. 11, 2010

Didn't somebody factor that in?

Of course not - this is the only count that there is now. They're no longer keeping track of jobs created, nor are they keeping track of jobs created or saved. The only number they're tracking is the number of jobs that are in any way affected by stimulus funding.

Now we'll never know just how many jobs were funded by the $787 billion stimulus program.

Until a policy change last month, Obama administration officials had said they would keep a running count of the number of jobs created or saved by the massive American Recovery and Reinvestment Act.

Going forward, the White House will only tally jobs one quarter at a time and not attempt to determine a total.

On top of that, the administration has directed Recovery Act recipients to report all jobs funded with stimulus money - regardless of whether they were new jobs or existing ones. That change gets rid of the controversial "jobs saved" designation, which asked recipients to determine which positions would have been eliminated were it not for stimulus.

The new requirements apply to the reports that recipients are filing now for the last three months of 2009. Those figures, which will be released to the public by month's end, will be the second concrete look at stimulus' employment impact. The first tally showed that 640,000 jobs were created or saved through September.

Farewell ?Saved or Created?: Obama Administration Changes the Counting of Stimulus Jobs* - Political Punch

The Obama administration has taken some heat and mockery for using the nebulous and non-economic term of jobs being “saved or created” by the $787 billion stimulus program.

So it’s gotten rid of it.

In a little-noticed December 18, 2009 memo from Office of Management and Budget director Peter Orszag the Obama administration is changing the way stimulus jobs are counted.

The memo, first noted by ProPublica, says that those receiving stimulus funds no longer have to say whether a job has been saved or created.

“Instead, recipients will more easily and objectively report on jobs funded with Recovery Act dollars,” Orszag wrote.

In other words, if the project is being funded with stimulus dollars – even if the person worked at that company or organization before and will work the same place afterwards – that’s a stimulus job.

White House Inflates Stimulus Job Creation With Accounting Gimmicks

The Obama administration is changing the way it counts jobs created or saved by stimulus spending in a way that will make the programs look far more successful.

Under the old rules, only jobs that were actually newly created or not lost because of stimulus money were counted. Now the administration plans to count all jobs for projects funded by stimulus money—even if that job already existed and the person was never in danger of losing the job.

The changes were made in a little noticed memo sent to federal agencies by OMB director Peter Orszag, according to a new report from ProPublica.

The OMB says the changes were made to clear up confusion about how to count the jobs. Employers were sometimes confused about how to account for jobs, resulting in inaccurate data. California, for instance, claimed that stimulus spending had saved 18,000 corrections department jobs—when only 5,000 were scheduled to be cut. Under the new system, all of those jobs could be counted as products of the stimulus.

Similarly, pay raises can count as stimulus jobs. Chrysler reported last year that a $53 million government contract to build 3,000 vehicles created no jobs because it used existing workers to fill the order. Under the new accounting, those jobs would count as being created by the stimulus plan.

**** like this literally makes me nauseous. Every time another media outlet unquestioningly reports this 2.1m figure as if its gospel, it's like kicking the ghost of journalism right in the ****.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Changing how stimulus jobs are counted - Jan. 11, 2010



Of course not - this is the only count that there is now. They're no longer keeping track of jobs created, nor are they keeping track of jobs created or saved. The only number they're tracking is the number of jobs that are in any way affected by stimulus funding.



Farewell ?Saved or Created?: Obama Administration Changes the Counting of Stimulus Jobs* - Political Punch



White House Inflates Stimulus Job Creation With Accounting Gimmicks



**** like this literally makes me nauseous. Every time another media outlet unquestioningly reports this 2.1m figure as if its gospel, it's like kicking the ghost of journalism right in the ****.

Um. They changed over on a quarterly cycle of counting but it's still first quarter 2010. First quarter numbers aren't out yet, so the change in counting can't have affected anything as far as I can tell....right? Basically, the previous numbers are still there and there hasn't even been a new cycle to alter the data.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

Um. They changed over on a quarterly cycle of counting but it's still first quarter 2010. First quarter numbers aren't out yet, so the change in counting can't have affected anything as far as I can tell....right? Basically, the previous numbers are still there and there hasn't even been a new cycle to alter the data.

No, the new numbers are cooked (and three+ weeks late, to boot).

1/11/10 said:
The new requirements apply to the reports that recipients are filing now for the last three months of 2009. Those figures, which will be released to the public by month's end...

2/23/10 said:
The massive stimulus package passed last year to blunt the impact of the worst U.S. recession in 70 years created up to 2.1 million jobs in the last three months of 2009.
 
Interesting, I'll have to read up on the methodology of that.

Did the CBO use that same methodology that "the Obama administration" has switched to? These might seem like silly questions, but I've only heard of any of this just today and haven't had time to dig in much.
 
Somewhere Joe Kennedy is laughing his ass off.
I doubt it, his drunken murdering son is dead, and his dynasty gone. It's nice to know you're a fan of old Joe.
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

**** like this literally makes me nauseous. Every time another media outlet unquestioningly reports this 2.1m figure as if its gospel, it's like kicking the ghost of journalism right in the ****.

The echo chamber of misinformation can be frustrating...
 
Re: UPDATE 1-New U.S. senator helps Democrats advance jobs bill

The echo chamber of misinformation can be frustrating...
You should turn on Glen Beck right this minute, he is explaining with the help of a professor why the stimulus crap doesn't work.
 
Another stupid waste of the Taxpayer money.

If any jobs are even created from this they will be public sector jobs supported by the taxpayer. If Obama really wanted to create jobs he would cut taxes across the board, but knowing his goal is more Socialism we will not see that and thus no appreciable increase in employment.

I see only one term for this president.......
 
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