Obama aides say stimulus saved millions of jobs

news.yahoo.com ^ | July 14, 2010 | news.yahoo.com

[Dubya-M-DeesWent2SyriaStupid!]

WASHINGTON (Reuters) – Aides to U.S. President Barack Obama will aim on Wednesday to lift sagging confidence in their economic leadership by arguing that their policies are creating millions of jobs and spurring private investment.

A report to be released at 11 a.m. EDT (1500 GMT) will estimate that Obama's $862 billion economic stimulus package, which passed last year, has saved or created 3 million jobs and is on track to meet its goal of 3.5 million jobs by the end of this year.

[RichInOC]

Which begs the question of exactly where they put them.

[catnipman]

Yep, and also the Obama Economics Institute (OEI) just geometrically proved beyond a shadow of a doubt that without the declaration of Recovery Summer! the U.S. economy would be in a depression, rather than a simple recession. The OEI now scores the Obamunists as having prevented two depressions in a row within a period of just 14 months, a new world record!

[Mojave]

Obama had to destroy the economy in order to save it...

[Celerity]

This must mean that Obama has 1,000,000 aids.

[kik5150]

Millions of jobs were saved...GOVERNMENT JOBS.

[Brown Deer]

$862 billion economic stimulus package, which passed last year, has saved or created 3 million jobs

The median annual income in this country is $25,149. The $862 billion spent is 34,275,716 years of income.

[Lucky9teen]

[cranked]

Say enough and some idiots will believe it.....

“Aides” = stuck on stupid Keynesian economic garbage collectors and idiots......

[Brown Deer]

http://www.bls.gov/news.release/empsit.a.htm

Total Employed:
Dec 2008: 145,362,000
Jun 2009: 140,038,000
Jun 2010: 139,119,000

Over six million jobs have been lost during this period.

[csmusaret]

So much for stimulus creating jobs.

[csmusaret]

Oops. The second chart should be captioned Canada No Stimulus.....http://www.americanthinker.com/blog/2010/07/graph_of_the_day_for_july_12_2.html

[Elsiejay]

Precisely. Unionized jobs in the government sector, government schools and other employees of state and local government.

[musicman]

[Danae]

How can ANYONE prove that even a single job was saved? You can’t, no one can. This is a 100% straw-man argument.

[musicman]

"The Democrats’ campaign theme will be something along the lines of things would have been so much worse without Obama and his party. No matter how bad things get this will be the meme. They saved us."

[musicman]

[jveritas]

LOL...

These delusional socialist liars would not simply get through their tiny brains that the majority of voters do not believe their lies anymore. They stopped believing their lies long time ago and nothing is going to change that.

[jveritas]

Always somewhere on this forum there is a fool trying to say 1+1 =3 rather than 1+1=2. No, the so called stimulus saved no jobs. It was supposed to be maximum 8% unemployment with the so called the stimulus and we 9.5% and taking out the lies of the labor bureau who are dropping hundreds of thousands of people looking for job from the unemployed list we are more 10.5% and if you take out the part time and temporary jobs we have almosy 17% unemployment rate.

[CanaGuy]

Let’s see, there are 150M in the American workforce, so they can’t be unemployed if they’re in the workforce, so if they’re still working it must be because they haven’t lost their jobs, and if Obama’s policies haven’t caused them to lose their jobs, i.e., .....he’s saved 150,000,000 jobs. What audacity, what a man, .......

[musicman]

"Precisely. Unionized jobs in the government sector, government schools and other employees of state and local government."