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Featherbedding stimulus job numbers
Washington Examiner ^ | November 2, 2009 | Editorial

Posted on 11/02/2009 5:47:07 PM PST by HokieMom

When Vice President Biden greeted a group of labor leaders two weeks after President Obama took office, he said, “Welcome back to the White House” — a not-so-oblique reference to their lack of access during the previous eight years under the Bush administration. Judging by the White House’s claims of having “created or saved 650,000 jobs” with the $787 billion economic stimulus program, it appears those labor leaders taught the administration a thing or two during their visit. How else to explain the obvious featherbedding by White House officials in tallying the job numbers released Friday?

Featherbedding occurs when paychecks are issued for nonexistent employees and the money goes directly into union coffers. Thousands of the jobs Obama officials say were saved or created by the stimulus program are no more real than those invisible positions invented by unions to bulk up their treasuries. We know this to be the case because as Obama’s chief economist, Christina Romer, admitted several weeks ago, “It’s very hard to say exactly because you don’t know what the baseline is, right, because you don’t know what the economy would have done without [the economic stimulus program].”

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Editorial
KEYWORDS: bho44; bhostimulus; christinaromer; demlies

1 posted on 11/02/2009 5:47:09 PM PST by HokieMom
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President Obama’s chief economist Christina Romer admitted
several weeks ago, “It’s very hard to say exactly [how many
jobs have been saved or created] because you don’t know what
the baseline is, right, because you don’t know what the
economy would have done without [the economic stimulus
program].”

2 posted on 11/02/2009 5:49:22 PM PST by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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To: HokieMom

Today, I “saved or created” 573 jobs! Really!


3 posted on 11/02/2009 5:51:54 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: HokieMom

I swear all liberal women are ugly as hell.


4 posted on 11/02/2009 5:52:31 PM PST by My Favorite Headache
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To: Travis McGee

Hey, thanks!


5 posted on 11/02/2009 5:57:47 PM PST by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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To: HokieMom
According to the Colorado Springs Gazette, 269 of the 600-odd jobs "created or saved" in El Paso County were with the Head Start program, which hired, in fact, 3 people.

But you see, they have 266 little rugrats in their program which allows their parents to work, therefore, Voila, 266 jobs were saved, plus the 3 actual minimum-wage new hires, equals 269.

6 posted on 11/02/2009 5:58:22 PM PST by cookcounty (Obama: ---Despiser of the Honduran Constitution and contemptuous of ours.)
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To: My Favorite Headache
I think Rush has a chapter about that in See, I Told You So
7 posted on 11/02/2009 5:58:39 PM PST by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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To: HokieMom

Haven’t read that book in years....will have to go look again.


8 posted on 11/02/2009 6:14:46 PM PST by My Favorite Headache
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To: My Favorite Headache

Something about women in comfortable shoes gaining access to the mainstream.


9 posted on 11/02/2009 6:20:44 PM PST by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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