Posted on 04/11/2021 4:55:57 PM PDT by upchuck
he Biden administration has severely overstated by more in recent days the total number of jobs the American Jobs Plan (AJP), President Joe Biden’s $2.25 trillion infrastructure program, will create if signed into law.
Numerous Biden administration senior officials, including White House press secretary Jen Psaki, Transportation Secretary Pete Buttigieg, National Economic Council director Brian Deese and even Biden himself, began touting a Moody’s Analytics estimate over the weekend that says the economy will create “19 million” jobs over the next 10 years if the AJP is passed.
However, Mark Zandi, Moody’s chief economist and one of two authors behind the firm’s analysis of Biden’s plan, told The Washington Post Monday that the estimate projected various potential legislative outcomes and that AJP alone is only expected to net the country 2.7 million jobs, a figure roughly 600% smaller than than the 19 million figure referenced over the weekend.
If Biden’s latest plan passes, the economy would likely create 18.96 million jobs by the end of 2030. If the plan doesn’t pass, the economy would likely still create 16.3 million jobs over that same timeframe, Zandi noted.
(Excerpt) Read more at dailycaller.com ...
As long as Hunter gets board positions on several companies about to cash in, do the other jobs really matter?
Obama found it quite humorous, as did the idiot sitting next to him, Jeff Immelt, CEO of GE back then. So he lied, who cares, he was Mr. Funny Man wasn’t he?
https://www.youtube.com/watch?v=O55aRrvXtio
I’m sure CNN/MSNBC/ABC and the others will pick right up on this.
You know...
...media people are at the top of the list that is labeled:
Scum of the Earth.
“600% smaller”
Ugh can no one math anymore?
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