Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts

Thursday, October 29, 2009

STIMULUS WATCH: Stimulus jobs overstated by 1,000s

From the AP (via Breitbart's BigGovernment.com) comes the following deeply disturbing - but also, sadly, completely unsurprising - story about how federal Stimulus fund recipients are in many cases wildly overstating the numbers of jobs created or saved with tax payer borrowed dollars. The sheer chutzpah of some of the recipients use of the funds is staggering and underscores the Administration's willingness to use fudged numbers to support the now blatantly indefensible inter-generational theft that was the Stimulus. The open question is whether the massive book-cooking scheme was done a) by the recipients themselves of their own accord to justify their retention of the funds, or b) at the behest of the White House to show that the Stimulus "worked", or c) at the White House itself. Any which way it happened, it smells like a stack of week old dead rats.


STIMULUS WATCH: Stimulus jobs overstated by 1,000s

WASHINGTON (AP) - An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, or one in six, according to an Associated Press review of a sample of stimulus contracts.

The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.

For example:

—A company working with the Federal Communications Commission reported that stimulus money paid for 4,231 jobs, when about 1,000 were produced.

—A Georgia community college reported creating 280 jobs with recovery money, but none was created from stimulus spending.

—A Florida child care center said its stimulus money saved 129 jobs but used the money on raises for existing employees.


To read the whole dreary story, go here: STIMULUS WATCH: Stimulus jobs overstated by 1,000s

Tuesday, July 7, 2009

Obama's Approval Index Falls Again... -3 on 7/7/09

Scott Rasmussen's Presidential Daily Tracking Poll shows a possible long term "IN THE RED" trend for BOTUS' numbers.

The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 33% of the nation's voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-six percent (36%) Strongly Disapprove giving Obama a Presidential Approval Index rating of –3. Those figures reflect the highest level of strong disapproval measured to date and the lowest level recorded for the overall Approval Index.
.....

The Presidential Approval Index is calculated by subtracting the number who Strongly Disapprove from the number who Strongly Approve. It is updated daily at 9:30 a.m. Eastern.


In another Rasmussen Poll comes news that 60% of polled voters are against a second stimulus bill, while a "whopping" 27% are in favor of such congressional economic tinkering given the monstrous deficits now facing the nation with lack of impact of Stimulus I and the apparent rising voter awareness of what Cap & Trade will do to the economy generally and to each of them individually in terms of dramatically higher energy expenses and potential job losses.


Speaking of Cap & Confiscate, in a separate poll Mr. Rasmussen also reports that:


Fifty-six percent (56%) of Americans say they are not willing to pay more in taxes and utility costs to generate cleaner energy and fight global warming.

A new Rasmussen Reports national telephone survey, taken since the climate change bill was passed on Friday, finds that 21% of Americans are willing to pay $100 more per year for cleaner energy and to counter global warming. Only 14% are willing to pay more than that amount.

Fifty-two percent (52%) of all adults say it is more important to keep the cost of energy as low as possible than it is to develop clean, environmentally friendly sources of energy. But 41% disagree and say developing cleaner, greener energy sources is the priority.

Sixty-three percent (63%) rate creating jobs as more important than taking steps to stop global warming. For 22%, stopping global warming is more important.


Take heed Senatori
, 2010 isn't very far away.....