jpiretti

White House data due out this afternoon will show the government's economic stimulus programs created or saved about 650,000 jobs through Sept. 30 - a figure officials are prepared to tout as a significant success. The reports cover only $150B of the $339B in stimulus spending that occurred through that date. Yesterday, the White House lashed out (I, II) at an AP report saying it overstated stimulus jobs, and at an Edmunds.com note that took cash-for-clunkers to task.

No, what we paid for was road and bridge construction, and that will be left when all the money is spent. Let's try to do math like grown ups do.


On Oct 30 09:10 AM TraderMark wrote:

> Sweet
>
> so the taxpayer paid $1.2Million for each job saved or created<br/>
>
> sounds like a sensible plan form me, I'm sure our grandchildren will
> be thrilled
>
> Granted its not the 3.5M to 4M jobs "saved or created" we were promised
> by good enough!
>
> Now where is cash for clunkers 2.0? I'm waiting. Also very disappointed
> "cash for Christmas" was not passed.