Obama administration: Raises count as jobs “saved”

posted at 12:55 pm on November 4, 2009 by Ed Morrissey

This could only come from people who never worked in the private sector.  Almost by definition, an employee in the private sector who gets raises does not face any danger of having their job eliminated.  However, according to the Obama administration, salary increases coming from Porkulus count as jobs “saved”:

President Barack Obama’s economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there.

The Georgia nonprofit’s inflated job count is among persisting errors in the government’s latest effort to measure the effect of the $787 billion stimulus plan despite White House promises last week that the new data would undergo an “extensive review” to root out errors discovered in an earlier report.

About two-thirds of the 14,506 jobs claimed to be saved under one federal office, the Administration for Children and Families at Health and Human Services, actually weren’t saved at all, according to a review of the latest data by The Associated Press. Instead, that figure includes more than 9,300 existing employees in hundreds of local agencies who received pay raises and benefits and whose jobs weren’t saved.

It’s not the first time the AP has found these shenanigans in the White House claims on Porkulus, and they continue to do good work in rooting out more ridiculous calculations and assumptions.  The previous numbers also included raises given to employees as “jobs saved,” which the White House said a couple of weeks ago were accounting mistakes for which they had corrected.  Now, however, the administration defends the practice as a feature, not a bug:

But officials defended the practice of counting raises as saved jobs.

If I give you a raise, it is going to save a portion of your job,” HHS spokesman Luis Rosero said.

No, it isn’t.  A raise means the job wasn’t at risk of being lost in the first place.   In fact, it’s worse than that, as just a moment’s thought would indicate.  It means that Porkulus spent money on a job that was secure that could have been spent on really creating or “saving” a job elsewhere.

When that didn’t fly, the White House said that the overreporting was necessary to balance out underreporting elsewhere.  No, really:

Ed DeSeve, who oversees the stimulus at the White House, said the Head Start numbers “represent a few percent of all jobs reported” and said the problems would probably be balanced out by other errors that underreported jobs.

That stands as a clear admission that Porkulus has no reliable metrics for “saved or created” jobs, nor is the White House interested in creating any.  They want to make up the numbers to get the best political bang for the buck.  It’s nothing more than Democratic pork spread to the special interests that fuel the Democratic Party, with a White House pulling jobs numbers out of a hat while unemployment skyrockets.

Update: Meanwhile, back in Chicago, they’re saving more jobs than exist … kind of like Chicago elections.  Save early, save often!

More than $4.7 million in federal stimulus aid so far has been funneled to schools in North Chicago, and state and federal officials say that money has saved the jobs of 473 teachers.

Problem is, the district employs only 290 teachers. …

The Obama administration last week released the first round of data designed to underpin the worthiness of its economic stimulus plan, which so far has directed $1.25 billion to Illinois schools. That money has helped save or create 14,330 school jobs in the state, the administration claimed.

But those statistics, compiled initially by the Illinois State Board of Education, appear riddled with anomalies that raise questions about their validity, according to a Tribune analysis of district-by-district stimulus spending and other state data. Many local school officials were perplexed by the stimulus data attributed to their districts.

In the official report, Wilmette Public Schools District 39 was credited with 166 jobs saved by stimulus aid. Superintendent Raymond Lechner said the number should be zero.

At Dolton-Riverdale School District 148, stimulus funds were said to have saved the equivalent of 382 full-time teaching jobs — 142 more than the district actually has.

A similar discrepancy was found in data for Kankakee School District 111, where the stimulus report logged the equivalent of 665 full-time jobs saved. “That’s impossible,” a top Kankakee school official said, adding that the entire payroll — full and part time — is 600 workers.

Why not just claim a zillion jobs saved or created?  It would have just as much credibility.


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It’s criminal. Nothing else to call it.

lorien1973 on November 4, 2009 at 12:57 PM

I blame the state run media…

d1carter on November 4, 2009 at 12:58 PM

Pathetic. The ManChild has never held a real job.

Norwegian on November 4, 2009 at 12:58 PM

Chris Christie saved or created Corzine’s job last night.

Good Lt on November 4, 2009 at 12:59 PM

This is what the NYT’s suggested that the Obama Administration say.

Caper29 on November 4, 2009 at 12:59 PM

The corruption in this administration is incredible.

OmahaConservative on November 4, 2009 at 12:59 PM

Abstinence education saves abortions.

It cuts both ways, man.

jeff_from_mpls on November 4, 2009 at 12:59 PM

Lol, I got my pay cut this year, so count me as a job lost…

javamartini on November 4, 2009 at 1:00 PM

“If I give you a raise, it is going to save a portion of your job,” HHS spokesman Luis Rosero said.

OMG…was I supposed to guffaw? You can’t make this shiite up.

Conversely, if any American worker, anywhere, failed to get a raise does that count as a job lost? Hellooo? Hellooooo?

Bishop on November 4, 2009 at 1:00 PM

But officials defended the practice of counting raises as saved jobs.
“If I give you a raise, it is going to save a portion of your job,” HHS spokesman Luis Rosero said.

This is another head scratcher.

On par with Valerie Jarret’s ‘Speaking Truth to Power’ on Fox News.

Sir Napsalot on November 4, 2009 at 1:00 PM

eventually, they’ll say ‘if you pay taxes, I saved your job’.

ThackerAgency on November 4, 2009 at 1:01 PM

That stands as a clear admission that Porkulus has no reliable metrics

It does have a reliable metric. Since the administration clearly stated that Porkulus was about jobs, the unemployment rate is the metric.

WashJeff on November 4, 2009 at 1:01 PM

It doesn’t matter what the WH says. I’m still Seeking employment.

bridgetown on November 4, 2009 at 1:02 PM

Thank you for my Job President Obama.

portlandon on November 4, 2009 at 1:03 PM

jeff_from_mpls on November 4, 2009 at 12:59 PM

Exactly.

Prayer in school reduces the number of criminals on the streets.

lorien1973 on November 4, 2009 at 1:03 PM

Overeating saves food.

Daggett on November 4, 2009 at 1:04 PM

(ZuZu) Daddy, my teacher says every time a person gets a raise their job is saved.

(George)That’s right honey, that’s right!

WashJeff on November 4, 2009 at 1:04 PM

Ok….Is Obama that stupid, or do they think we’re all that stupid?

Do they honestly thing a growing majority of people in this country believe this crap?

What really scares me is…it’s obvious Obama doesn’t know what in hell he’s doing, and has passed off his responsibilities to his staff, and Nancy, and Harry. I can’t even think which one is more qualified than the other, to handle any of this. They think Bush left a mess? Just wait til Obama walks out the doors, to go home. My prayers to our next President, because it’s gonna take years to undo this.

capejasmine on November 4, 2009 at 1:05 PM

He’s going to save the career of every single person in the military in a couple of months.

God bless this wonderful man.

BadgerHawk on November 4, 2009 at 1:05 PM

2+2=5

The extra unit was “saved” as a result of 2+2 not equaling 5.

Good Lt on November 4, 2009 at 1:05 PM

Where’s the story on the “9 pairs of shoes sold equates to 9 jobs saved” that I heard on Fox this morning?

Knucklehead on November 4, 2009 at 1:05 PM

ZuZu) Daddy, my teacher says every time a person gets a raise their job is saved.

(George)That’s right honey, that’s right!

WashJeff on November 4, 2009 at 1:04 PM

ROFL!!!

capejasmine on November 4, 2009 at 1:05 PM

What says the most here is not that they would do this……..but that they would try to explain it as jobs “saved.”

These people are cartoon characters……

JoeinTX on November 4, 2009 at 1:05 PM

I just got a raise today. However I don’t think my company got any stimulus money. Sorry Obama, you don’t get credit from my job.

MobileVideoEngineer on November 4, 2009 at 1:06 PM

These people are idiots!

lanesmerge on November 4, 2009 at 1:06 PM

“If I give you a raise, it is going to save a portion of your job,” HHS spokesman Luis Rosero said.

Rosero continued, “And if I give you a chicken, it’s going to save part of your fingernail”. Then a big Indian guy put a pillow over his face, threw a water fountain threw the window and left.

LibTired on November 4, 2009 at 1:07 PM

“If I give you a raise, it is going to save a portion of your job,” HHS spokesman Luis Rosero said.

Dude. How f’d in the head does a guy have to be to say that with a straight face?

BadgerHawk on November 4, 2009 at 1:07 PM

If the stimucrap were working, they wouldn’t need to create new ways of defining success. This is stupid.

Bishop on November 4, 2009 at 1:08 PM

I just got a raise today. However I don’t think my company got any stimulus money.
MobileVideoEngineer on November 4, 2009 at 1:06 PM

Someone is buying drinks tonight.

WashJeff on November 4, 2009 at 1:08 PM

Another White House official opined: “Saved or created, saved or created. 4:00, gotta watch Wapner.”

LibTired on November 4, 2009 at 1:08 PM

Dude. How f’d in the head does a guy have to be to say that with a straight face?

BadgerHawk on November 4, 2009 at 1:07 PM

I am sure they are relishing their true metric behind closed doors, the growth of the debt.

WashJeff on November 4, 2009 at 1:10 PM

I’m waiting for them to break out the term “kazillion” jobs saved

John the Libertarian on November 4, 2009 at 1:10 PM

“A raise” is “a save”?

Obama exponentially saved the deficit!

ChrisB on November 4, 2009 at 1:11 PM

Pretty soon anyone using a toilet claimed to have been built with porkulus money will be a “job saved.” Obviously you would have been in danger of losing your job due to lack of potties.

TQM38a on November 4, 2009 at 1:11 PM

Another White House official opined: “Saved or created, saved or created. 4:00, gotta watch Wapner.”

LibTired on November 4, 2009 at 1:08 PM

“Wal-Mart sucks!”

WashJeff on November 4, 2009 at 1:11 PM

Good thing the unemployment numbers will come out this coming Friday, after the election of yesterday.

Schadenfreude on November 4, 2009 at 1:11 PM

If you don’t give them a raise they quit. Wasn’t there a law about TARP money paying for raises?
So how many job losses were there when they capped salaries?

inotes on November 4, 2009 at 1:14 PM

Good thing the unemployment numbers will come out this coming Friday, after the election of yesterday.

Schadenfreude on November 4, 2009 at 1:11 PM

Good thing they can postpone, ya know, making a decision on Afghanistan…

ChrisB on November 4, 2009 at 1:14 PM

Ooops. Sorry, schad, meant to quote, not strike.

ChrisB on November 4, 2009 at 1:14 PM

Good thing the unemployment numbers will come out this coming Friday, after the election of yesterday.

Schadenfreude on November 4, 2009 at 1:11 PM

Do you think it will be anything other than 9.9%?

LibTired on November 4, 2009 at 1:15 PM

Someone is buying drinks tonight.

WashJeff on November 4, 2009 at 1:08 PM

LOL, my raise equates to about $33 extra a month.

I’ve only been with the company for 3 months and they do their annual review for everyone at the same time. So I got a prorated 2.8% merit increase.

I’m not exactly using money as toilet paper right now.

MobileVideoEngineer on November 4, 2009 at 1:15 PM

Tell that to the millions on unemployment and the (uncounted) millions more who have had their hours cut back.

TN Mom on November 4, 2009 at 1:16 PM

MobileVideoEngineer on November 4, 2009 at 1:15 PM

OK. Howabout the wax bottles candy?

WashJeff on November 4, 2009 at 1:18 PM

ONE TERM

txag92 on November 4, 2009 at 1:19 PM

So if get my usual 3% annual raise, that’s 3 jobs saved. Yeah, that’s about right since I do the work of 3 people but just get the salary of 1.

Brat on November 4, 2009 at 1:20 PM

If Obama says it, that is the way it is. Got that?

jukin on November 4, 2009 at 1:20 PM

Dude. How f’d in the head does a guy have to be to say that with a straight face?

BadgerHawk on November 4, 2009 at 1:07 PM

Kool-aid Dude, plenty of purple Kool-aid.

Ohhhhh…..yaaaaah!

Johnnyreb on November 4, 2009 at 1:20 PM

It’s nothing more than Democratic pork spread to the special interests that fuel the Democratic Party, with a White House pulling jobs numbers out of a hat while unemployment skyrockets.

Hat? Try again, Ed.

Patrick S on November 4, 2009 at 1:21 PM

It is beyond evident where most of these jobs and/or job raises are going to: government entities. Next, bonuses for government department directors will be counted as saved or created jobs.

rlwo2008 on November 4, 2009 at 1:21 PM

Depends upon what your definition of “is” is.
Nothing to see here. Do. Not. Question.

Badger40 on November 4, 2009 at 1:22 PM

America will begin the process of creating sustainable jobs again when Obama and the Obamacrats lose theirs.

Good Lt on November 4, 2009 at 1:23 PM

Yeah, that’s about right since I do the work of 3 people but just get the salary of 1.

Brat on November 4, 2009 at 1:20 PM

LOL!

Badger40 on November 4, 2009 at 1:23 PM

Does this mean that porkulus and bailout $$$ given to the likes of, say AIG executives counts as “saving or creating” their jobs?

Good Lt on November 4, 2009 at 1:24 PM

So then all the people who dont get a raise , they lost their job, who’s that. Magic.

We’re getting closer to 500million jobs lost each month Pelozi reality..

the_nile on November 4, 2009 at 1:24 PM

They “won or saved” 10 elections last night.

Abby Adams on November 4, 2009 at 1:24 PM

Just great.

Government hack jobs that should be getting cut, are now being rewarded with pay increases, and are used to trumpet stimulus successes.

Can’t wait for this to bankrupt sates even faster when the hacks expect the same level of compensation even after the Porkulus funds are all gone.

red winger on November 4, 2009 at 1:25 PM

I suspect Joe Biden. After all, Sheriff Joe was supposed to make sure there was no fraud in Porkulus. And coincidentally, Joe is famous “for just makin’ shit up”.

GarandFan on November 4, 2009 at 1:27 PM

So when we were getting that extra $13 in our paycheck…..Jobs saved!

RobD on November 4, 2009 at 1:29 PM

Dude. How f’d in the head does a guy have to be to say that with a straight face?

BadgerHawk on November 4, 2009 at 1:07 PM
Kool-aid Dude, plenty of purple Kool-aid.

Ohhhhh…..yaaaaah!

Johnnyreb on November 4, 2009 at 1:20 PM

ROFL!!!

Are they drinking it, or snorting it?

capejasmine on November 4, 2009 at 1:29 PM

Don’t know much about history
Don’t know much about producing energy
Don’t know much about an economics book
Don’t know much about the constitutional law I took

But I do know that I would love imposing Marxism on you
And I know that if you would just love Lenin too
What a wonderful socialist country this would be

La ta ta ta ta ta ta
(History)
Ooh ooh ooh ooh ooh ooh
(Producing energy)
La ta ta ta ta ta ta
(Economics book)
Ooh ooh ooh ooh ooh ooh
(Constitutional law I took)

But I do know that I would love imposing Marxism on you
And I know that if you would just love Lenin too
What a wonderful socialist country this would be
- Mao Obmama

MB4 on November 4, 2009 at 1:31 PM

OUT: Al Gore Fuzzy Math
IN: Magic Oba-math

Brat on November 4, 2009 at 1:31 PM

How about transfers? Are those jobs “saved” or “created”? This really gets confusing.

Cicero43 on November 4, 2009 at 1:32 PM

Why not say he saved every job in America? It makes just as much sense. Which is to say no, sense.

Beagle on November 4, 2009 at 1:32 PM

Keep f***ing that chicken, Barack.

rockmom on November 4, 2009 at 1:33 PM

Barack Obama is Joe Isuzu’s twin brother. That may be why he keeps hiding his Birth Certificate.

Joe Isuzu
From Wikipedia, the free encyclopedia

Joe Isuzu was a fictional spokesman used in a series of television advertisements for Isuzu. Created by the Madison Avenue ad agency Della Femina, Travisano, and Partners, the segments aired on American television in 1986-90, reaching their zenith in 1987 after the character was featured during Super Bowl XXI. Played by actor David Leisure, Joe Isuzu was a pathological liar who made outrageous and overinflated claims about Isuzu’s cars. (One commercial even cast him as the Boy who Cried Wolf.) The campaign was resurrected briefly in 1999 and continued until 2001 to promote several cars such as the Isuzu Axiom. Famous quotes:

* “You have my word on it.”
* “If I’m lying, may lightning hit my mother.” (“Good luck, Mom!” appears on screen.)
* “It has more seats than the Astrodome!”
* “Hi, I’m Joe Isuzu and I used my new Isuzu pickup truck to carry a 2,000 pound cheeseburger.”
* “The Isuzu Impulse: faster than a speeding—[catches a bullet in his teeth]—well, you know.”

MB4 on November 4, 2009 at 1:35 PM

ACORN breaks 1000 windows….10 jobs saved!

WashJeff on November 4, 2009 at 1:35 PM

.

If you’re incapable of Dazzling ‘em with Brilliance; Baffle ‘em with Bull$hit!

.

SilverStar830 on November 4, 2009 at 1:35 PM

The man is either completely out of his mind or is living in some parallel universe.

rplat on November 4, 2009 at 1:38 PM

To paraphrase the late, great Richard Prior the hopey administration is made up of a “bunch of lyin’ motherf*ckers”

Dukehoopsfan on November 4, 2009 at 1:38 PM

ACORN breaks 1000 windows….10 jobs saved!

Hey – those glass cleaners gotta work, too, wingnut!

Good Lt on November 4, 2009 at 1:38 PM

Barack “Baghdad Bob” Obama
mmm, mmm, mmm

Hening on November 4, 2009 at 1:39 PM

None of this will see the light of day in mainstream news.

Alden Pyle on November 4, 2009 at 1:40 PM

If a raise counts for a job saved, the (in)voluntary furloughs with their corresponding pay cuts count as jobs NOT saved.

But what else might you expect from an Administration whose chief economic genius speaks of “profit-to-earnings” ratios.

They’re INCOMPETENT and they LIE! ‘Nuff said!

ya2daup on November 4, 2009 at 1:40 PM

On the bright side, it’s nice to see the AP holding the administration accountable for these fabrications. In an era when we all thought the MSM would continue to carry water for The One throughout his term, it’s a small miracle they’re busting his chops over this.

Enrique on November 4, 2009 at 1:42 PM

Of course they can say this with a straight face. The MSM plays Sgt. Schultz and sees nothing, nothing…and Obama voters,(Hope & Change) have less intelligence than a room of crap throwing monkeys.

Jeff from WI on November 4, 2009 at 1:42 PM

Since the Administration seems to have such a difficult time with the “math” on the “Jobs Saved” side of the ledger, let’s make it much simpler. How many jobs have been “created”?

Neo-con Artist on November 4, 2009 at 1:44 PM

Is there any truth in the adm DNA. They have no shame and are always trying to trick the public. They are a shameful clog of sewer rats.

rjoco1 on November 4, 2009 at 1:44 PM

It is long past time for Baghdad Bobs press briefings and Obi-Won’s press conferences and speeches to be broadcast with a laugh track: a laugh track that is playing – loudly – in the same room in which they’re speaking.

ya2daup on November 4, 2009 at 1:47 PM

SNL has a treasure trove of material if they would use any of this stuff. Their ratings would go through the roof.

Kissmygrits on November 4, 2009 at 1:48 PM

Where is the money actually going? ACORN? SEIU? Soros? Swiss bank accounts? All of the above?

This is nothing more than Chicago & union style corruption and thievery, writ large.

rbj on November 4, 2009 at 1:48 PM

Clueless, inept, amateur f*cking morons! SUCK IT OBAMA!!!!

Flyboy on November 4, 2009 at 1:49 PM

We all need to work together to help the President find another job in 2012. Several jobs come to mind…..

yoda on November 4, 2009 at 1:51 PM

When that didn’t fly, the White House said that the overreporting was necessary to balance out underreporting elsewhere. No, really:

*facepalm*

You’ve got to be kidding me. Do they really think we’re all that stupid? I can understand the kool aid drinkers, but come on…

loudmouth883 on November 4, 2009 at 1:53 PM

While I’m waiting for Porkulus and Barry to create a job for me, I’ve decided to reinvent myself and start my own company using my meager savings. When I get rolling and off the funemployment dole I’m sure that excellent and articulate orator Joe Biden will credit his boss for motivating me to join the ranks of small business owners across this great land. Then 6-months down the road the new tax hikes and health care burdens Pelosi, Reid, et al will place on me will force me to lay off employees before finally failing and closing shop, leaving me broke and penniless. Ah, forget the whole daMn thing; I’m staying on funemployment ’til the bennies run out and then I’m going on welfare.

Goldy1 on November 4, 2009 at 1:53 PM

We all need to work together to help the President find another job in 2012. Several jobs come to mind…..

yoda on November 4, 2009 at 1:51 PM

Brings to mind one of Reagan’s best lines during the 1980 campaign:

A recession is when your neighbor loses his job. A depression is when you lose your job. And a recovery is when Jimmy Carter loses his job!

rockmom on November 4, 2009 at 1:55 PM

Obama saved my job… mmm mmm mmm
No he didn’t

Jeff from WI on November 4, 2009 at 1:56 PM

More than $4.7 million in federal stimulus aid so far has been funneled to schools in North Chicago, and state and federal officials say that money has saved the jobs of 473 teachers.

Problem is, the district employs only 290 teachers.

Sigh. Only in Chicago…

Seriously, this and many stories of the same nature show absolutely clearly that the administration’s official formulas for counting “saved or created” jobs is nothing but a big pile of BS. The media should be openly mocking Gibbs every time he even begins to utter the “saved or created” BS line.

jwolf on November 4, 2009 at 1:59 PM

It’s the Chicago Way…

And if Pelosi-no-Care gets passed, there will be 111 new government make-work commissions, bureaus, positions…many jobs for people we will be forced to “employ” to make our lives truly miserable.

marybel on November 4, 2009 at 2:00 PM

Wow, Bozo will say absolutely anything to assuage the electorate’s anger at the Bozo depression, specifically his terrible performance on the jobs issue.

He doesn’t believe any of the crap he’s shoveling. None of the liberals that created this mess do. They just want to treat us like mushrooms.

dogsoldier on November 4, 2009 at 2:00 PM

Sigh. Only in Chicago…

Seriously, this and many stories of the same nature show absolutely clearly that the administration’s official formulas for counting “saved or created” jobs is nothing but a big pile of BS. The media should be openly mocking Gibbs every time he even begins to utter the “saved or created” BS line.

jwolf on November 4, 2009 at 1:59 PM

More like it shows that it’s a money laundering scheme.

MobileVideoEngineer on November 4, 2009 at 2:01 PM

Obama Doctrine: Death to America

/

faraway on November 4, 2009 at 2:02 PM

In the private sector, such malfeasance and deception in accounting would not only get you fire but also get you indicted and on trial for violating Sarbanes-Oxley regulations and possibly RICO violations.

ya2daup on November 4, 2009 at 2:03 PM

A recession is when your neighbor loses his job. A depression is when you lose your job. And a recovery is when Jimmy Carter Barack Obama loses his job!

rockmom on November 4, 2009 at 1:55 PM

Changed it a little rockmom….good one from a great man!!!!

yoda on November 4, 2009 at 2:09 PM

LOL I read the headline wrong at first, and said “Well that’s convenient”, thinking he raised the count of jobs saved.

Then I understood it properly, and was like WTF?!? That’s even more asinine!

frode on November 4, 2009 at 2:09 PM

“Why not just claim a zillion jobs saved or created? It would have just as much credibility.\”They claimed they saved the economy.Same thing.

notagool on November 4, 2009 at 2:10 PM

If I get two raises in a year is that two jobs created?

angryed on November 4, 2009 at 2:11 PM

The Obama white house is really dropping the ball with such a low number of saved or created jobs when one of his great concerns; education, has handed him the largest number of saved or created jobs with federal money in the mix. Every year teachers accept a NEW contract with school districts to teach for nine to ten months. Technically they are unemployed during the summer. Most states have laws that prevent teachers from collecting unemployment that by normal standards they qualify for, and most teachers allow the school district to pay the contract off in 12 monthly payments so that there is resembalnce to year round emploument. The 2007 census says there were 6.8 millon teachers, so roughly that many started new jobs in August and are nolonger unemployed. Most recieved a rasie from the last contract, so that can count as a job saved by their books. That is at least 13.6 million jobs created or saved in the months of August and September. There are at least 1 million private school teachers that can be added to that number and a sizable number of teachers and professors hired by contract to teach college level classes. The number is easily into the 20 millions and with an adjustment for other support personel in educational settings; that number can be reported as 30-35 million* jobs saved or created in August and September! Ada boy bambi, keep up the good work. * New Obama math and accounting

Franklyn on November 4, 2009 at 2:14 PM

I wish they would put a fork in this zombie.

Gus Grissom: You’ve got it all wrong … The issue here is monkey.
John Glenn: What?
Gus Grissom: Us. We are the monkey.
Deke Slayton: What Gus is saying is that we’re missing the point.

The entire country, especially as embodied in the stock market, is waiting for the unknowns (most especially the taxes) that come with ObamaCare (and “Cap-n-Tax”) to go away. Until then life goes on at a slower pace which means unemployment continues to drift upward.

Alan Shepard: Gordo! … Why don’t you just fix your little problem and light this candle ?

Plainly, if ObamaCare (and “Cap-n-Tax”) went away, the recovery would probably takeoff full force. Right now, the Democrats in Congress are the only thing keeping the economy from racing ahead.

J_Crater on November 4, 2009 at 2:15 PM

Comment pages: 1 2