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Early reports: Job gains signal stimulus impact - USATODAY.com
WASHINGTON — States have reported using stimulus money to create or save more than 388,000 jobs so far this year, buttressing the Obama administration's claim that the $787 billion plan has had a significant impact on the economy.
That total, based on a USA TODAY review of reports from 33 states and Puerto Rico, includes teachers, construction workers, and others whose jobs were funded by stimulus money awarded to states. The administration plans Friday to release reports from all 50 states, providing the broadest accounting yet of the stimulus plan's impact.
early reports: Job gains signal stimulus impact - usatoday.com
washington states have reported using stimulus money to create or save more than 388,000 jobs so far this year, buttressing the obama administration's claim that the $787 billion plan has had a significant impact on the economy.
That total, based on a usa today review of reports from 33 states and puerto rico, includes teachers, construction workers, and others whose jobs were funded by stimulus money awarded to states. The administration plans friday to release reports from all 50 states, providing the broadest accounting yet of the stimulus plan's impact.
Early reports: Job gains signal stimulus impact - USATODAY.com
WASHINGTON States have reported using stimulus money to create or save more than 388,000 jobs so far this year, buttressing the Obama administration's claim that the $787 billion plan has had a significant impact on the economy.
That total, based on a USA TODAY review of reports from 33 states and Puerto Rico, includes teachers, construction workers, and others whose jobs were funded by stimulus money awarded to states. The administration plans Friday to release reports from all 50 states, providing the broadest accounting yet of the stimulus plan's impact.
We must not forget that "jobs saved" are jobs that were saved with a cash payment. When the cash runs out it is another job lost.
Sadly, the builk of the "jobs saved" are non GDP jobs....like civil servants...so those jobs saved do nothing to boost the economy and wind up being jobs lost within a year anyway.
And beofre you jump at me about those with "jobs saved" will spend money.....wake up to reality.....those that have those "saved jobs" know they are temporary...and are not spening as they would if they had permanent status.
It is all soke and mirrors.
We must not forget that "jobs saved" are jobs that were saved with a cash payment. When the cash runs out it is another job lost.
Sadly, the builk of the "jobs saved" are non GDP jobs....like civil servants...so those jobs saved do nothing to boost the economy and wind up being jobs lost within a year anyway.
And beofre you jump at me about those with "jobs saved" will spend money.....wake up to reality.....those that have those "saved jobs" know they are temporary...and are not spening as they would if they had permanent status.
It is all soke and mirrors.
I just dont understand how when every month for the last year we have lost jobs someone can claim jobs have been saved/created. Our economy is shedding jobs, not creating them.
We must not forget that "jobs saved" are jobs that were saved with a cash payment. When the cash runs out it is another job lost.
Sadly, the bulk of the "jobs saved" are non GDP jobs....like civil servants...so those jobs saved do nothing to boost the economy and wind up being jobs lost within a year anyway.
And before you jump at me about those with "jobs saved" will spend money.....wake up to reality.....those that have those "saved jobs" know they are temporary...and are not spending as they would if they had permanent status.
It is all smoke and mirrors.
I just don't understand how when every month for the last year we have lost jobs someone can claim jobs have been saved/created. Our economy is shedding jobs, not creating them.
The jobs saved is legitimate....states that had to lay off teachers and other civil servants got money so they did not have to lay them off. The money went to the struggling states to meet payroll.
But those jobs do not help with GDP....so saving them is nothing more than giving those people unemployment equal to their salary...
But only a buffoon would think that saving a civil servant job would help a struggling economy...it helps it no more than increasing unemployment benefits.
The administration bragging about jobs saved is chest pounding to the max.....but they know it will not help the economy....but they also believe the American people are too naive to realize it.
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Gov't cannot create jobs. They cannot create wealth. For every job "created" by gov't spending, another one had to disappear. How many jobs did this "stimulus" cost?
Where the hell are they getting these numbers ... people are still out of work, shit, Bush's stimulus creates enough jobs for one city and suddenly Obama is god?
Gov't cannot create jobs. They cannot create wealth. For every job "created" by gov't spending, another one had to disappear. How many jobs did this "stimulus" cost?
This article was on the lower end of the estimates for taxpayer cost/job created
The Ticker - White House: $92K to Create Each New Job Under Stimulus - Economy Watch *
Just shy of 100,000/job.
Gov't cannot create jobs. They cannot create wealth. For every job "created" by gov't spending, another one had to disappear. How many jobs did this "stimulus" cost?
This article was on the lower end of the estimates for taxpayer cost/job created
The Ticker - White House: $92K to Create Each New Job Under Stimulus - Economy Watch *
Just shy of 100,000/job.
I think We need to ask Ourselves What it is that These Jobs, Build, Provide, Serve, if Anything at all? What is the Value Gained by These Jobs? What did the Society Profit?
Either We Address that, or Acknowledge that Reckless Spending Leads to Ruin.
In the past We at least benefited from the end results of Federal Projects, be they, Roads, Bridges, Railways, Dam's, What Have You. I'd even support the construction of a canal between Brownsville Texas, and Imperial Beach, California.
We need Refineries, Pipe-Line, Infrastructure Maintenance, more Oil Drilling.. I hate saying this, but We Need more Nukes, and the consent to reprocess Fuel Rods. Wake up folks.
Gov't cannot create jobs. They cannot create wealth. For every job "created" by gov't spending, another one had to disappear. How many jobs did this "stimulus" cost?
This article was on the lower end of the estimates for taxpayer cost/job created
The Ticker - White House: $92K to Create Each New Job Under Stimulus - Economy Watch *
Just shy of 100,000/job.
How much productive work was really done for that $92k? Where is the lasting value of that work? When a bio-medical engineer works and invents a new drug delivery system that saves time and money or makes the drug more effective, the economic effect goes on until something better comes along. And even then the research done provides to base for the next thing. So you could justify $92k for that kind of job.
But I get the feeling most of the jobs "created" will be gone when funding runs out and no one will be any richer as a result. So we have borrowed or taxed $92k and basically thrown it into the river. You might as well hire some men to dig ditches and other men to fill them in.
Gov't cannot create jobs. They cannot create wealth. For every job "created" by gov't spending, another one had to disappear. How many jobs did this "stimulus" cost?
This article was on the lower end of the estimates for taxpayer cost/job created
The Ticker - White House: $92K to Create Each New Job Under Stimulus - Economy Watch *
Just shy of 100,000/job.
How much productive work was really done for that $92k? Where is the lasting value of that work? When a bio-medical engineer works and invents a new drug delivery system that saves time and money or makes the drug more effective, the economic effect goes on until something better comes along. And even then the research done provides to base for the next thing. So you could justify $92k for that kind of job.
But I get the feeling most of the jobs "created" will be gone when funding runs out and no one will be any richer as a result. So we have borrowed or taxed $92k and basically thrown it into the river. You might as well hire some men to dig ditches and other men to fill them in.
