Friday, October 16, 2009

Obama's “saved or created” Jobs!

Jobs “saved or created” from $787 billion Porkulus: 30,083!!!.

This week, the administration finally supplied the data:

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.

Obama's false promises and his ognorance about economy is hurting everyone. Well, this is what we get when elect a president who has never run a business in his life and he really never had a full-time job.