Stimulus is Huge Success!
Stimulus is Huge Success!
Saved 640,329 jobs! The morning paper here in Texas reports that 19,572 jobs were saved in Texas at a cost to the taxpayers of only $545,000 each! Good Grief!
Give me $545,000 and I will put several people to work, not just one.
Give me $545,000 and I will put several people to work, not just one.
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Jim
Jim
Last edited by Bluejay; Oct 31, 2009 at 01:16 PM.
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USA Today had an article this past week, where a CA gov department claimed something like 19K jobs created or saved by the stimulus payments.
When asked how many layoffs did it save from being done, they could not provide a number, they were estimating.
So the 19K jobs was an estimated number, as the department had no real way to calculate how many jobs were created or saved ( or a person not moved around to another area, so the money could be used ).
This is just what I read on the topic.
There is no reliable (or even semi-reliable) mechanism to count how many jobs were saved. The number of jobs saved is nothing more than a WAG. There really isn't a reliable mechanism to count how many people are unemployed, either. The government publishes the number of people applying for unemployment and figure that as the number of unemployed. What about the people who were fired, but really didn't need to work in the first place and decided to retire instead of trying to find, or as was put out there during the Bush years have been on unemployment until it ran out. How about the people who were fired, but decide to open a business. They are still eligible for unemployment. In case some body hasn't been paying attention this is another jobless "recovery."
As soon as I read "saved or created" I quit reading, because the story is completely unreliable. Since the number of jobs saved is a WAG, the number that follows means nothing. It has no more weight than me saying 100 jobs were saved last week.
As soon as I read "saved or created" I quit reading, because the story is completely unreliable. Since the number of jobs saved is a WAG, the number that follows means nothing. It has no more weight than me saying 100 jobs were saved last week.









