Jobs “saved or created” from $787 billion Porkulus: 30,083

posted at 12:10 pm on October 16, 2009 by Ed Morrissey

We’ve long criticized the Obama administration measure of jobs “saved or created” by their economic policies as ridiculously ambiguous.  That seemed confirmed when the White House announced last month that a million jobs had been “saved or created” by the stimulus package, without any supporting data.  This week, the administration finally supplied the data, and the number came to less than 1/30th of their September claim:

The first direct stimulus reports showed that stimulus contracts saved or created just 30,083 jobs, prompting more Republican criticism of the $787 billion package.

The data posted Thursday was the result of the government’s initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial — it represented just $16 billion out of the $339 billion awarded — but they said it exceeded their projections.

“All signs — from private estimates to this fragmentary data — point to the conclusion that the Recovery Act did indeed create or save about 1 million jobs in its first seven months, a much needed lift in a very difficult period for our economy,” said Jared Bernstein, the chief economist for Vice President Joe Biden.

Well, which $16 billion are we talking about?  And where did the rest of the $339 billion, almost half of the Porkulus appropriation, go?  Why didn’t the administration show that information to make the argument that the other $329 billion had the exact same effect as the $16 billion it highlighted in its initial report?

At the rate shown by this report, this comes to almost $532,000 per job “saved or created”.  Extrapolating that over the entirety of the Porkulus spending, the bill would only “save or create” 1.48 million jobs, and that assumes that it actually did “save or create” those jobs in the first place.

Now, let’s assume for the sake of argument that the jobs we “saved or created” pay the national average salary of $50,000 and are permanently saved or created, a very generous assumption consider the kind of temporary hiring that we have seen from this effort.  If each of these jobs paid an effective federal income tax rate of 15%, it would take over 70 years for them to pay back the money we spent on Porkulus, and that doesn’t count the interest we will pay on those funds.  At a 20% effective tax rate, it would take over 53 years.

And all of that assumes that the program works exactly as the adminstration claims.  On that score, I’ll let Ken Spain have the last word:

“Despite numerous promises from Congressional Democrats, there are still 15.1 million Americans out of work,” said Ken Spain, spokesman for the National Republican Congressional Committee. “After wasting taxpayer dollars to produce an unimpressive 397 jobs in Michigan, middle-class families are still asking one thing: Where are the jobs?”

Blowback

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Wow, you’re quite excitable today sweetie.

crr6 on October 16, 2009 at 1:03 PM

WOW! You called her sweetie! I’m stunned that a liberal would be so hurtful as to label woman such a derogatory word. You are seriously damaging my view that liberals are caring and always aware of other peoples feelings especially when it comes to race and gender.

RagTag on October 16, 2009 at 1:08 PM

This crr6 scumbag isn’t just an idiot, I’m betting he’s a malicious idiot. This type of moron would continue to back the man-child even if the messiah started jailing his opponents.

cjk on October 16, 2009 at 1:08 PM

crr6 on October 16, 2009 at 1:06 PM

You said he was lying, now show us your figures…you show us different figures that he posted.
You little weasel…you lying little weasel…

right2bright on October 16, 2009 at 1:08 PM

I was downsized March 2008 and have had four interviews but none this year. I’ve applied for about a hundred jobs but seldom even get acknowledgment that I applied. Right now I’d settle for a burger flipping job if I could get one but the min wage folks don’t want me.

RagTag on October 16, 2009 at 1:03 PM

Hear ya… as a 50 year old guy with 30 years of Electronic, computer, and management experience? My resume scares the heck out of mid level managers… but since I never finished my Four Year degree? My resume never even gets past the first screening for management jobs…

Romeo13 on October 16, 2009 at 1:08 PM

Trolls are banned from this thread…do yourself a favor and do not entertain this fool.

right2bright on October 16, 2009 at 1:09 PM

When did I get a sex change?

Just curious.

lorien1973 on October 16, 2009 at 1:09 PM

Where are the jobs?”
Japan,

Johan Klaus on October 16, 2009 at 1:07 PM

That’s where the Cash for Clunkers money went.

ChrisB on October 16, 2009 at 1:09 PM

crr6 on October 16, 2009 at 12:50 PM

Obama’s recession is turning into Obama’s depression.

Johan Klaus on October 16, 2009 at 1:10 PM

How many were bureaucrats hired to think of ways to take away even more of our liberties?

Beaglemom on October 16, 2009 at 1:10 PM

Just A Grunt on October 16, 2009 at 1:07 PM

No that was a different 16,000,000,000

cjk on October 16, 2009 at 1:11 PM

You said he was lying, now show us your figures…you show us different figures that he posted.
You little weasel…you lying little weasel…

right2bright on October 16, 2009 at 1:08 PM

He lied in the headline by saying those figures are from the entire stimulus (787 billion). In his own post he admitted they’re only from a fraction (16 billion) of the stimulus. Get it?

At least lorien understands the lie. You seem to be incapable of even grasping it.

crr6 on October 16, 2009 at 1:11 PM

crr6 on October 16, 2009 at 12:50 PM

Obama’s recession is turning into Obama’s depression.

Johan Klaus on October 16, 2009 at 1:10 PM

For fools like this crr6 chump, we’re living in the best of times.

cjk on October 16, 2009 at 1:13 PM

crr6 doesn’t care that each job “created or saved” costs $530,000. See? Don’t ya’ll get it?

The fact that money is thrown into the sh1tter is a non-issue to him.

lorien1973 on October 16, 2009 at 1:13 PM

This type of moron would continue to back the man-child even if the messiah started jailing his opponents.

cjk on October 16, 2009 at 1:08 PM

Are you kidding, he’d hold open the door and help throw away the keys.

MarkTheGreat on October 16, 2009 at 1:14 PM

O/T

Bo Snerdley on RUSH is going off on NFL players – awesome!!

Ris4victory on October 16, 2009 at 1:14 PM

This is the same problem with his thinking that cash for clunkers was a success. People are put into debt, as encouraged by the government (a net loss to the economy overall, especially long term), but since car sales went up 2% for a few weeks. Success!

Reality, it just doesn’t matter to crr6.

lorien1973 on October 16, 2009 at 1:15 PM

This type of moron would continue to back the man-child even if the messiah started jailing his opponents.

cjk on October 16, 2009 at 1:08 PM
Are you kidding, he’d hold open the door and help throw away the keys.

MarkTheGreat on October 16, 2009 at 1:14 PM

That Obama has not started jailing critics yet is probably one of those “promises-unkept” that sorta irritate the left and Saturday Night Live.

ChrisB on October 16, 2009 at 1:17 PM

If it weren’t the headline, crr6 would find a typo somewhere in the article and use it as a means to destroy the thread.

Maybe if Ed changes the headline to reflect crr6′s desire for clarity, he then might be willing to debate the merits of the actual topic.

Bishop on October 16, 2009 at 1:17 PM

He lied in the headline by saying those figures are from the entire stimulus (787 billion). In his own post he admitted they’re only from a fraction (16 billion) of the stimulus. Get it?

At least lorien understands the lie. You seem to be incapable of even grasping it.

crr6 on October 16, 2009 at 1:11 PM

Okay so instead of 24+ million per job which was never stated anyway, it’s actually 500+ thousand per job. Yet you continue to worship the man-child as a god. You’re a despicable fool!

cjk on October 16, 2009 at 1:18 PM

Obama’s recession is turning into Obama’s depression.

Johan Klaus on October 16, 2009 at 1:10 PM

Obama needs a full on depression. Requires it. All so Obama, in the way of FDR, can steamroll through legislation to totally restructure government and its relationship to the people, as FDR did from 1933 to 1940…actions his own Secretary of Treasury, Henry Morgenthau, Jr., attested did nothing to end the depression, but served only to expand the role of central government into just about every aspect of American lives and make over half of America dependent on government.

Yes, Obama sincerely wants a depression.

coldwarrior on October 16, 2009 at 1:18 PM

Hear ya… as a 50 year old guy with 30 years of Electronic, computer, and management experience? My resume scares the heck out of mid level managers… but since I never finished my Four Year degree? My resume never even gets past the first screening for management jobs…

Romeo13 on October 16, 2009 at 1:08 PM

I have 4 years on you but otherwise I think our resumes read similar. I also never finished college and I’m seeing more and more job requirements listing that they required a 4 year degree. Up here in MA I’m also starting to see more and more adds asking for ivy league degrees. A couple of weeks ago there was a company in Cambridge that was asking for an entry level HTML coder with a Masters and 5 years experience. It is really tough up here in the northeast job market.

RagTag on October 16, 2009 at 1:18 PM

The real story is that they don’t intend to use that money to create any jobs anyway. This is money they are going to use to stay in power and if some jobs are created in the process, well okay. They don’t care.

cjk on October 16, 2009 at 1:22 PM

He lied in the headline by saying those figures are from the entire stimulus (787 billion). In his own post he admitted they’re only from a fraction (16 billion) of the stimulus. Get it?

crr6 on October 16, 2009 at 1:11 PM

Good point, which begs the question- how many jobs have been saved or created by the other $771 billion?

Tonus on October 16, 2009 at 1:22 PM

crr6 on October 16, 2009 at 1:11 PM

The headline doesn’t imply that the whole money has been spent.

lorien1973 on October 16, 2009 at 1:23 PM

crr6 on October 16, 2009 at 1:11 PM

The headline doesn’t imply that the whole money has been spent.

lorien1973 on October 16, 2009 at 1:23 PM

The sad reality is that even if it were true that the whole 787,000,000,000 did in fact only create 30,083 at over 24 million per job, this crr6 fiend would STILL be worshiping the man-child. That’s the real reality here unfortunately.

cjk on October 16, 2009 at 1:27 PM

That’s the real reality here unfortunately.

cjk on October 16, 2009 at 1:27 PM

Yep.

lorien1973 on October 16, 2009 at 1:28 PM

I have to get one of those $26,160,954.69 jobs!! That’s gotta be like winning the lottery!!

erakis on October 16, 2009 at 1:29 PM

I have to get one of those $26,160,954.69 jobs!! That’s gotta be like winning the lottery!!

erakis on October 16, 2009 at 1:29 PM

Really? Okay than you can start by running for office as a demorat.

cjk on October 16, 2009 at 1:34 PM

Federal Trade Commission Launches Investigation Into Accuracy of “Economic Enhancement” Claims http://optoons.blogspot.com/2009/08/federal-trade-commission-launches.html

Mervis Winter on October 16, 2009 at 1:37 PM

The battle cry in 2010 will be “WHERE ARE THE JOBS?”

GarandFan on October 16, 2009 at 1:40 PM

RagTag on October 16, 2009 at 1:03 PM

Romeo13 on October 16, 2009 at 1:08 PM

Feel for you guys. I am in the same boat. 43 years old, also with years of management and computer experience and no degree. Out of work for 18 months now, and just a few interviews in that time. Employers not responding resume submissions is the worst. Lucky enough that I am a part time entertainer, so I do get some work during Halloween and the county fair season. Guess that is what is meant by funemployment.

coyoterex on October 16, 2009 at 1:41 PM

Federal Trade Commission Launches Investigation Into Accuracy of “Economic Enhancement” Claims http://optoons.blogspot.com/2009/08/federal-trade-commission-launches.html

Mervis Winter on October 16, 2009 at 1:37 PM


Can I add to that…

Job Losses Higher Than Reported – Comstock

The Bureau of Labor Statistics (BLS) recently announced that they will be making downward benchmark revisions to past monthly nonfarm employment data that casts doubt on the validity of the recent figures as well. As we will explain, it is highly likely that substantially more jobs are now being lost than is currently reported.

Baxter Greene on October 16, 2009 at 1:48 PM

Recall that the complaint about Porkulus was not that the government could not hire people – although government competence at getting even that done is in doubt. The complaint was that any money the government used to “stimulate” the economy had to come from somewhere, and sucking that money out of the private economy would cause a loss in employment that could/would outweigh the jobs the government would “create or save”. The only real measure of success is in a comparison of where the administration said unemployment would be (less than 8%) and where it is (about 10%). Ergo, Obama’s economics have failed, big time.

jl on October 16, 2009 at 2:00 PM

People, PEOPLE! If Iv’e said it once I’ve said it too many times. crr6 is a waste of intellectual capital and a wanton agitator whose’s only purpose is to derail meaningful dialogue.

Productive discourse is abrogated by wasted arguements against his mendacious piffle. He survives in this thread only by the oxygen our interlocution provides. Let us suffocate this malignant twit by denying it the pleasure of are repatee.

Plesase Do Not Feed The Trolls!

Archimedes on October 16, 2009 at 2:05 PM

The nice thing is that the peak rate of stimulus spending is already behind us as of the end of the 3rd Quarter. That’s right, as this report says, this is “as good as it gets”.

http://www.marketfolly.com/2009/08/sprott-asset-management-beyond-stimulus.html

venividivici on October 16, 2009 at 2:06 PM

Damn! Damn! Daqmn!

..our Repartee!

Archimedes on October 16, 2009 at 2:06 PM

RagTag on October 16, 2009 at 1:03 PM

I’ll keep my fingers crossed for you. Just don’t give up.

milwife88 on October 16, 2009 at 2:08 PM

crr6 on October 16, 2009 at 12:50 PM

You may just be the stoopidest person I have ever encountered on the Internet.

And I have been doing this since the old Usenet days.

Dave R. on October 16, 2009 at 2:09 PM

Archimedes on October 16, 2009 at 2:05 PM

It depends on what you feed them. Overlook their inane agitations and go for exposing their heart and shame them. This crr6 freak worships the man-child, so just keep pointing it out and he’ll go away shamed and mad. Well maybe not shamed because he doesn’t have any. Just don’t argue on their idiotic terms.

cjk on October 16, 2009 at 2:17 PM

The sad reality is that even if it were true that the whole 787,000,000,000 did in fact only create 30,083 at over 24 million per job, this crr6 fiend would STILL be worshiping the man-child. That’s the real reality here unfortunately.

cjk on October 16, 2009 at 1:27 PM

Obama is to crr6 as living flesh is to zombies. In fact, zombies are probably more likely to swear off eating the flesh of the living than crr6 is to swear off Obama-worship.

venividivici on October 16, 2009 at 2:17 PM

I think insulting and ridiculing is also a legitimate reaction in the case of answering a blind fiendish fool such as crr6. The liberals ridicule when they can’t answer or win an argument and that’s who they are, but to ridicule an idiot who is robot-like in his adoration of the man-child is appropriate.

cjk on October 16, 2009 at 2:21 PM

without any supporting data

Pretty much sums up ALL liberal talking points.

Badger40 on October 16, 2009 at 2:21 PM

The battle cry in 2010 will be “WHERE ARE THE JOBS?”

GarandFan on October 16, 2009 at 1:40 PM

Well, I know where there’s jobs-ND
Walmart’s hiring, computer software support phone centers are hiring (my daughter with NO degree making $10/hr with full benefits-not too bad).
Then there’s LOTS of truck driving jobs.
Lots of farm & ranch work jobs.
They need school teachers REALLY bad.
There are jobs out there.
But you gotta be willing to relocate.
Most people expect to stay in the same area.
Sometimes that just doesn’t work.

Badger40 on October 16, 2009 at 2:24 PM

crr1 is trying to contact crr6 and tell him/her/it that the real lie is that the WH said they created/saved over 1,000,000 jobs, when in reality they created/saved only 30,083 jobs. That’s just a difference of 969,917 jobs.

moonsbreath on October 16, 2009 at 2:26 PM

Obama’s recession is turning into Obama’s depression.

Johan Klaus on October 16, 2009 at 1:10 PM


“Let me be Clear”……

“We are in the worst financial crisis since the Great Depression”

Barak Obama
Feb. 2009

“They’re (the economy)not as bad as we think they are now.”

Barak Obama
Mar. 2009

“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,” Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.”


Obama later joined his Democratic colleagues in voting en bloc against raising the debt increase.

Obama,2006
on raising the debt limit.

Now Obama is asking Congress to raise the debt ceiling(13 trillion), something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.

Congress raised the debt limit just a few months ago when it passed the $787 billion stimulus package.

Obama ,2009
on raising the debt limit for
the third time in one year


Do you think Obama still thinks this shows a failure of leadership?????????????

White House Office of Management and Budget director Peter Orszag declared that “fundamentally, the economy is weak.”

Peter Orszag
Mar. 2009

White House Budget Director Orszag: “Elevated Deficits Are Beneficial”

White House Budget Director
Peter Orszag, Feb. 26, 2009

Economic adviser Christina Romer. When asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound, she replied: “Of course they are sound.”

Christina Romer (Obama Economic Advisor)
Mar. 2009

During the fall campaign, Obama relentlessly criticized his Republican opponent, Sen. John McCain, for declaring, “The fundamentals of our economy are strong.” Obama’s team painted the veteran senator as out of touch and failing to grasp the challenges facing the country.

Barak Obama
Nov. 2008

“‘Chinese assets are very safe,’ Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s.

Tim Geithner
Speech in China, 2009

“It will be helpful if Geithner can show us some arithmetic.”


Chinese response to Githner concerning their assets

being safe.

“China has woken up. The West is a black hole with all this money being printed. The Chinese are buying raw materials because it is a much better way to use their $1.9 trillion of reserves. They get ten times the impact, and can cover their infrastructure for 50 years.”


Geithner Aides Reaped Millions Working for Banks, Hedge Funds

Oct. 14 (Bloomberg) — Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.



Unemployment is in double digits,Deficits in the trillions,Taxes going sky high,The Dollar becoming null and void,Foreign investors pulling out of America,GM,Chrysler,and Banks being taken over by the government ,and the President has this to say about his failed stimulus:

That is why I have moved quickly to work with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will immediately jumpstart job creation and long-term growth.

There is no doubt that the cost of this plan will be considerable.  It will certainly add to the budget deficit in the short-term.  But equally certain are the consequences of doing too little or nothing at all, for that will lead to an even greater deficit of jobs, incomes, and confidence in our economy.  It is true that we cannot depend on government alone to create jobs or long-term growth, but at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.

Barack Obama
January 8, 2009

<em>
Obama promised that unemployment would not go over 8% with the passing of the stimulus….if we did nothing it would reach 9%.
Unemployment is now at 10%.
According to Obama’s own numbers…the stimulus has failed

In a little over one hundred days, this Recovery Act has worked as intended…

Obama statement regarding the stimulus
Saturday radio address,July 11, 2009


Obama criticized rushing through legislation when he was a Senator:


OBAMA:

“When you rush these budgets, that are a foot high and nobody has any idea what’s in them and nobody has read them –”


RHODES:

Fourteen pounds, it was.”

OBAMA:

“Yeah, it gets rushed through without any clear deliberations or debate, then these kinds of things happen.  And I think that this is in some ways what happened to the Patriot Act.  I mean, you remember there was no real debate about that.  It was so quick after 9/11 that it was introduced that people felt very intimidated by the administration.”

Obama interview with
Air America, 2004


Now that he is President….
not so much:


Good news: Congress ready to vote on 1,000-page stimulus bill it hasn’t read yet

The Democratic bills in the House and Senate are a thousand pages long. They’re still changing as committees try to mark them up, or as they mark up other versions of health insurance legislation. There’s huge uncertainty about how lots of provisions in the bills and under consideration would work.

“The time for talk is through.”
“now is the time to go ahead and act.”

President Obama, talking to liberal bloggers on a conference call July 21,2009.

“I don’t want the folks who created the mess to do a lot of talking; I don’t mind cleaning up the mess, just don’t do a lot of talking”

Barack Obama
Aug. 8, 2009 , Virginia speech


According to the AP, Obama and his liberal friends did help
create this mess:

FACT CHECK: Obama disowns deficit he helped shape
By CALVIN WOODWARD, Associated Press Writer Calvin Woodward, Associated Press Writer

WASHINGTON – “That wasn’t me,” President Barack Obama said on his 100th day in office, disclaiming responsibility for the huge budget deficit waiting for him on Day One.
It actually was him — and the other Democrats controlling Congress the previous two years — who shaped a budget so out of balance.

“I’m sorry I’m not an economist,” Biden said as he was describing the methodology. “My background is foreign policy and the constitution.

“I’m absolutely, positively confident we are on the right track,” he said of the $787 million package.

Joe Biden, July 16, 2009
J Sargent Reynolds Community College

(On failure of the Stimulus)
“The figures we worked off of in January were the consensus figures and most of the blue chip indexes out there,” Biden said. “We misread how bad the economy was,

VP Joe Biden on ABC’s This Week,
July 5,2009

As one CEO of a major financial firm told me: “The economic guys say that when they explain the costs of programs, the policy guys simply thank them for their time and then ignore what they say.

The executive said he told the president that he’s at a disadvantage because he’s relatively inexperienced in economic matters during a time of economic crisis. “That’s why I have Valerie,” came Obama’s reply.
“Valerie” is senior adviser Valerie Jarrett — a Chicago real-estate attorney and one of Obama’s closest friends,

Now you know why Wall St. is so nervous!!!


Foreclosures: ‘Worst three months of all time’

Despite signs of broader economic recovery, number of foreclosure filings hit a record high in the third quarter – a sign the plague is still spreading.

Dollar loses reserve status to yen & euro
By PAUL THARP
Posted: 1:44 AM, October 13, 2009

Ben Bernanke’s dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency.


Wages tumble toward 18-year low

By Dennis Cauchon and Paul Overberg, USA TODAY
A bad economy and low inflation are starting to drag down wages for millions of everyday workers and freeze benefits for millions of retirees.

“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”

Joe Biden,AARP meeting
July 16, 2009


“Yes We Can!!!!”

Baxter Greene on October 16, 2009 at 2:27 PM

Employers not responding resume submissions is the worst.
coyoterex on October 16, 2009 at 1:41 PM

When I was looking, a few months back, this was one of the biggest frustrations. Not that I necessarily expected an interview for every resume I sent out but why couldn’t they even be bothered with the standard e-mail thanking you for your submission and assuring you that you’d be called if they’re interested?

As it happens, I got very lucky and got a job I didn’t think I had a chance of getting interviewed for and had the exact skills that they needed. Of course, it also meant moving 10 hours away and renting out the house I can’t sell in Michigan only to have to rent a place at twice what my mortgage is. I miss the people and lifestyle I was forced to leave behind to move to the big city but there have been benefits of the transition as well (though it is very hard to keep focused on the positives at times). Bottom line, keep fighting the good fight and the best of luck to anybody who is searching for work in the midst of this economy.

highhopes on October 16, 2009 at 2:27 PM

It depends on what you feed them.

cjk on October 16, 2009 at 2:17 PM

And for goodness sake clean up the troll droppings afterward. They tend to stink the place up.
:-0

highhopes on October 16, 2009 at 2:29 PM

Bottom line, keep fighting the good fight and the best of luck to anybody who is searching for work in the midst of this economy.

highhopes on October 16, 2009 at 2:27 PM

Bottom line , there’s probably 20 people for each job offered so keep looking!

cjk on October 16, 2009 at 2:38 PM

But you gotta be willing to relocate.

Badger40 on October 16, 2009 at 2:24 PM

Easy if it were just me but I have a wife that has a slightly profitable small business. This makes it kind of hard because it would mean both of us moving and trying to start over. I have a bad back from falling down my front stairs about 4 years ago. I was going out to clean the snow and ice off because I didn’t want anyone to fall and get hurt. Oh, irony, thou art a cruel mistress! I looked into depot to depot long haul trucking but I had to be able to lift 75 pounds over my head and I just can’t handle it with my back.

RagTag on October 16, 2009 at 3:15 PM

Why didn’t they fix their numbers to fit their claim? I’m sure Romer could have done that, quite easily.

iamse7en on October 16, 2009 at 3:17 PM

Bottom line , there’s probably 20 people for each job offered so keep looking!

cjk on October 16, 2009 at 2:38 PM

Two weeks ago I applied for a job. I got an email back saying that they had gotten over a thousand resumes and that it was doubtful I would get an interview as they were overwhelmed.

Another entry level computer support job had in big red font “Do not apply if you do not have current hands on experience or if you are an Analyst or Team Lead.”

This leads me to think that lots of older guys like me are applying for these jobs.

RagTag on October 16, 2009 at 3:22 PM

I’m sure Romer could have done that, quite easily.

iamse7en on October 16, 2009 at 3:17 PM

She probably would have were it not time for lunch.

highhopes on October 16, 2009 at 3:22 PM

This leads me to think that lots of older guys like me are applying for these jobs.

RagTag on October 16, 2009 at 3:22 PM

That sure sounds like the case. It’s interesting that they don’t value experience more than that. Truth be told I’d go ahead and apply anyway just because of the “don’t apply” prohibition instead of making it clear that they really mean Obama-like skills for the job (utterly unqualified and intending to learn by OJT).

highhopes on October 16, 2009 at 3:27 PM

bradley11 on October 16, 2009 at 12:41 PM

Thanks for that heads up about recovery.com. I

lovingmyUSA on October 16, 2009 at 3:32 PM

Dammit, I wasn’t done!

bradley11 on October 16, 2009 at 12:41 PM

Thanks for the heads up, I checked out that link and clicked on my state–and started t get sick…no job was created for less than $55,000 per job! Good grief!

lovingmyUSA on October 16, 2009 at 3:34 PM

Feeding the troll, crap6, is like watching a drunk squirrel…
http://www.youtube.com/watch?v=4ikH9ZRcF2Q

lovingmyUSA on October 16, 2009 at 3:49 PM

Baxter Greene on October 16, 2009 at 2:27 PM

Whew! Did you blow the smoke off the barrel of both those guns fingers when you were done??!!!

lovingmyUSA on October 16, 2009 at 3:56 PM

So, it looks like everyone pretty much has conceded that Ed lied in the headline. Where’s the outrage?

The sad reality is that even if it were true that the whole 787,000,000,000 did in fact only create 30,083 at over 24 million per job, this crr6 fiend would STILL be worshiping the man-child. That’s the real reality here unfortunately.

cjk on October 16, 2009 at 1:27 PM

And if the stimulus created 24 million jobs for 30k, you’d still be calling Obama a Marxist-muslim fascist. That’s the “real reality” (redundant much?) here unfortunately…

crr6 on October 16, 2009 at 4:27 PM

Maybe if Ed changes the headline to reflect crr6’s desire for clarity, he then might be willing to debate the merits of the actual topic.

Bishop on October 16, 2009 at 1:17 PM

Maybe, but the fact that the headline blatantly lies is a pretty bad starting point for you guys. And what’s worse is you don’t seem to care.

crr6 on October 16, 2009 at 4:29 PM

And ABC News thinks this is grand.

Dr. ZhivBlago on October 16, 2009 at 4:58 PM

crr6 on October 16, 2009 at 4:27 PM

Hey! Whaaats up scumbag! Back from one of your five times a day prayer sessions to the man-child. What is your schedule 6Am, 10AM, 2PM, 6PM, then, ‘and now I lay me down to sleep master obama my soul to keep’ at 10PM CHUMP!

cjk on October 16, 2009 at 5:29 PM

Maybe, but the fact that the headline blatantly lies is a pretty bad starting point for you guys. And what’s worse is you don’t seem to care.

crr6 on October 16, 2009 at 4:29 PM

Like I’d say our starting point is infinitely better than waking up to the day by praising the man-child.LOL

cjk on October 16, 2009 at 5:31 PM

Oh yeah and make sure you’re facing the south side of Chicago when you adore your messiah, freak.

cjk on October 16, 2009 at 5:35 PM

Well, all I can say is thank god Obama ratcheted up our debt from $0.4 trillion (2008) to $1.4 trillion (2009) to pay for all this stimulus…it’s paying off handsomely.

AUINSC on October 16, 2009 at 6:06 PM

Many of those 30,000 jobs are/were temp positions btw.

Last week, if we can believe the BLS anymore, since they are woefully and perhaps deliberately under reporting the actual numbers, we lost 514,000 jobs.

FTA yesterday from Associated Press

The Labor Department said Thursday that first-time claims for jobless benefits dropped to a seasonally-adjusted 514,000 from an upwardly revised 524,000 the previous week. The fifth decline in six weeks was below Wall Street economists’ forecasts of 525,000, according to Thomson Reuters.

The four-week average, which smooths fluctuations, fell for the sixth straight time to 531,500. That’s the lowest since January and about 105,000 below the peak reached in early April.

dogsoldier on October 16, 2009 at 6:23 PM

Jobs “saved or created” from $787 billion Porkulus: 30,083

That’s outrageous! Why for that amount of money, Congress could have purchased a no-bid toilet seat.

Dr. Charles G. Waugh on October 16, 2009 at 6:28 PM

If they give me a mere 200 million I can start a new sector that will employ more than 31,000 within the next few years, and for decades to come.

One word: hydrogen.

As in modified bacteria-that-produce-hydrogen fuel as their “waste”, and that reduce organic neighborhood and industrial trash (“waste” materials like household and restaurant and supermarket garbage, pulp mill wood chips, brewer’s dregs, etc.) into a salable compost in the process.

A Win-Win.

And green, to boot.

I hate to give any help to Obama, but it’s an idea he should steal.

For the good of the country.

profitsbeard on October 16, 2009 at 7:00 PM

***
How many jobs does President Obama (PBUH) claim were saved when the many GM and Chrysler dealers were shut down? They did not cost their parent companies anything.
***
But when dealing with the “democRAT” / liberal / socialist / statist / marxist / communist Messiah you don’t need any real data. You just have to have enough FAITH to believe in the One and his words.
***
John Bibb
***

rocketman on October 16, 2009 at 7:16 PM

Is gross incompetence grounds for impeachment?

Angry Dumbo on October 16, 2009 at 7:16 PM

If they would have given every man, woman, and baby type person 2,000 bucks it would have been cheaper.

- The Cat

MirCat on October 16, 2009 at 7:21 PM

New Element Discovered

The Heaviest Element Yet Known to Science – (Gv)

Lawrence Livermore Laboratories has discovered the heaviest element yet known to science. The new element, Governmentium (Gv), has one neutron, 25 assistant neutrons, 88 deputy neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312.

These 312 particles are held together by forces called morons, which are surrounded by vast quantities of lepton-like particles called peons.

Since Governmentium has no electrons, it is inert; however, it can be detected, because it impedes every reaction with which it comes into contact. A tiny amount of Governmentium can cause a reaction that would normally take less than a second, to take from 4 days to 4 years to complete.

Governmentium has a normal half-life of 2-6 years. It does not decay, but instead undergoes a reorganization in which a portion of the assistant neutrons and deputy neutrons exchange places.

In fact, Governmentium’s mass will actually increase over time, since each reorganization will cause more morons to become neutrons, forming isodopes.

This characteristic of morons promotion leads some scientists to believe that Governmentium is formed whenever morons reach a critical concentration. This hypothetical quantity is referred to as critical morass.

When catalyzed with money, Governmentium becomes Administratium (Adm), an element that radiates just as much energy as Governmentium since it has half as many peons but twice as many morons.

————-
The only thing I’d change with this is the name. I’d call it “Obamic Governmentium”.

Spiritk9 on October 16, 2009 at 7:47 PM

Baxter Greene on October 16, 2009 at 2:27 PM

Baxter Greene: You are a terrific news aggregator. Your sourced collections on a variety of topics is a joy to read and to pass on to others. Thanks.

onlineanalyst on October 16, 2009 at 7:56 PM

rocketman on October 16, 2009 at 7:16 PM

I really like the obama (pbuh) but, I’m now liking more the ‘man-child’ moniker.

cjk on October 16, 2009 at 8:01 PM

Um, “are a joy to read.”

onlineanalyst on October 16, 2009 at 8:04 PM

Is gross incompetence grounds for impeachment?

Angry Dumbo on October 16, 2009 at 7:16 PM

Nah. They give you one of them Nobel Peace prizes or something.

coldwarrior on October 16, 2009 at 8:10 PM

MSNBC HEADLINE TOMORROW: Obama saves economy!!

angryed on October 16, 2009 at 8:18 PM

Is it me… Or am I missing something here… Forgive me for being a simpleton.
If I do the math -> $787,000,000,000/30100 jobs =~ $ 26,000,000+/ job.

They also can’t account for where 1/2 the money went?

Forget “Haliburton”, or “Big Pharma” … This is either the worst example of extortion in world history – and every bastard who voted for it should be imprisoned.

Amazing… These idiots can’t manage Cash for Clunkers. Thery behave like a teenager with dad’s credit card for the 1st time.

Must stop… Or some state should have the b@lls to secede… & I would follow.

It’s only going to become catastrophically worse if they pass this health care lunacy…

Danny on October 16, 2009 at 8:20 PM

crr6…

“Can’t Rightly Reason” umm… is 6 your age, or IQ?
“Conform, Regurgitate, Repeat…6times”
-poke-
-poke-
you home?
or have your pajamas gotten a bit of “gravylegs” and you had to change?

viviliberoomuori on October 16, 2009 at 8:29 PM

sorry, i just couldn’t help myself. I love them lil’ buggers. they brighten up my day. (trolls)

viviliberoomuori on October 16, 2009 at 8:29 PM

Has anybody saw this graphic time line of jobs lost and gained?

DFCtomm on October 16, 2009 at 8:36 PM

No Job? Don’t worry. The Chicago Jesus is going to pay my mortage and put gas in my car.

Dire Straits on October 16, 2009 at 8:41 PM

How many jobs did the taxes needed to pay for porkulus destroy?

MarkTheGreat on October 16, 2009 at 12:14 PM

Good question. But I’d add “debt service” to the cost side and “jobs prevented” to the benefit side. I’m pretty sure the net effect would be even more underwhelming.

Barnestormer on October 16, 2009 at 8:45 PM

30,083 jobs saved or created? $339 billion.
100 million taxpayers robbed or defrauded? Priceless.

starboardhelm on October 16, 2009 at 8:50 PM

viviliberoomuori on October 16, 2009 at 8:29 PM

You know it’s hard when you have that long zipper, and those footed feet–makes it hard to do the one-handed job…especially if your mom is upsairs “entertaining”. Why do I have an image of Ralphie in “A Christmas Story”, standing there in his bunny pj’s…

lovingmyUSA on October 16, 2009 at 9:05 PM

Fabulous… Any more good news?

Khun Joe on October 16, 2009 at 9:16 PM

http://www.veteranoutrage.com

Hell at this rate you really almost COULD
GIVE every unemployed american 1 million dollars
CASH and they could just pay off their bills and
stimulate the economy

MORE EFFICIENTLY THAN obama every could..

MORONS..

he already borrowed 2 TRILLION dollars
and got BUBKIS for it..

IDIOTS.

veteranoutrage on October 16, 2009 at 9:33 PM

Jobs and Snow Jobs.

Someone should post a Days Till Its NOT Bush’s Fault Clock. Like in Times Square. And a Days of the Obama Miracle Clock in Copenhagen And I am still waiting for the Olbermein count of any of about thirty outrages like Gitmo and Afghanistan calling out The One on his lies to our dear, declawed left. Mission Accomplished November 2008? Ha Ha Keith.

IlikedAUH2O on October 16, 2009 at 10:06 PM

Baxter Greene on October 16, 2009 at 2:27 PM

Whew! Did you blow the smoke off the barrel of both those guns fingers when you were done??!!!

lovingmyUSA on October 16, 2009 at 3:56 PM

Baxter Greene on October 16, 2009 at 2:27 PM

Baxter Greene: You are a terrific news aggregator. Your sourced collections on a variety of topics is a joy to read and to pass on to others. Thanks.

onlineanalyst on October 16, 2009 at 7:56 PM

Thanks,
I am in great company here at Hotair.
I try to learn something new from the commentators here and on other blogs on a regular basis.

The only time I watch the MSM now is to see how they are spinning or ignoring what is really going on.

How in the world the Obama administration and it’s supporters can try and brag about the supposed success of the stimulus when we have lost almost 3 million jobs since it was signed defies all logic and common sense.

Baxter Greene on October 16, 2009 at 10:13 PM

These numbers are off, they don`t even count people who have exhausted unemployment benifits but still out of work. The job pool is getting tighter everyday.No one over 30 need apply and payrate will continue to decrease.Soon the only jobs will be Govt and only with extensive degrees.

LSUMama on October 17, 2009 at 12:47 AM

EVERY Socialist-Democrat and RHINO must be voted out of office in 2010. Anything less will bring about a new American Revolution.

joe btfsplk on October 17, 2009 at 7:32 AM

Democrats fuzzy math.
$787 Billion = 30,083 shovel ready jobs.

yoda on October 17, 2009 at 7:48 AM

$787 billion/30083 jobs= $26,160,954.69 per job.

Cash for clunkers was also a massive loss. Sunk $4 billion into it for a massive loss of like 87%.

I wish I could play poker with Obamapelosireidbiden’s personal bank accounts. If they play poker like they spend our money, they’d be cleaned out before I downed my second beer while whistling an old Kenny Rogers tune.

ted c on October 17, 2009 at 9:46 AM

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