NYT: Just a reminder that those “saved or created” jobs are about to disappear

posted at 12:13 pm on September 28, 2010 by Ed Morrissey

Remember those jobs that Porkulus “saved or created” with $787 billion in borrowed money — which the Obama administration has claimed as its big success in job creation?  Most of them turned out to be illusory, but the New York Times says tens of thousands that actually exist will soon be coming to an end.  Perhaps a better description might be … jobs rented or leased?

Tens of thousands of people will lose their jobs within weeks unless Congress extends one of the more effective job-creating programs in the $787 billion stimulus act: a $1 billion New Deal-style program that directly paid the salaries of unemployed people so they could get jobs in government, at nonprofit organizations and at many small businesses.

Let’s stop here for a moment.  If indeed this was as “effective” as the Times believes, the jobs wouldn’t have to disappear when the subsidies expire.  These jobs didn’t get created as much as they got propped up.  They were temp jobs, and like any temp job, the contract ends when the money stops.

That’s the problem with starting programs like these.  There is no end point for them once they get started.  When exactly are taxpayers supposed to stop propping up jobs that wouldn’t exist without government subsidies?  The recession ended over a year ago.  Massive subsidies and make-work “shovel ready” projects aren’t solving the real problem, which is that consumers don’t want to spend and businesses won’t expand, thanks to massive uncertainties created by out-of-control government spending and massive expansion of the regulatory regimes in the US whose rules aren’t at all clear.

Plus, let’s not forget either, $4 trillion in tax hikes are still hanging like a sword of Damocles over the economy, thanks to inaction by Congress.

The money that pays Mr. Davis’s salary, and the salaries of tens of thousands of other people around the country, will dry up after next Thursday, when the welfare program in the stimulus act that pays the bills for those jobs is set to expire. While the Obama administration and Democrats in Congress want to extend the program, they are meeting stiff resistance from Republicans, many of whom oppose all things stimulus.

Readers might be excused if they think that this comes from a Times editorial or opinion column, but it doesn’t; this appears in the U.S. section of the Gray Lady.  The reason why Republicans oppose “all things stimulus” like this program is rather obvious — it doesn’t work.  It’s very much like the New Deal programs that Michael Cooper extols in his lead.  It spends government money that gets taken out of the capital market where it might create sustainable jobs and creates make-work positions that have no real support other than the government subsidies.

If the program worked, no one would notice the disappearing subsidies, because the jobs would stand on their own.

The mayor of one Tennessee city diagnoses the problem accurately:

“It was very much a Band-Aid,” said Mayor Robby J. Moore of Lobelville, Tenn. “And now the Band-Aid is coming off.”

We don’t need an interminable series of Band-Aids.  We need to stop the Beltway spending spree and reverse the regulatory expansion of the federal government to get actual, sustainable job creation in the private sector instead of more bureaucrats and temp jobs subsidized by taxpayers.


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Key phrase: New Deal-style program, ergo, unquestionably good and effective

Just doing NYT-speak

tom on September 28, 2010 at 12:19 PM

We don’t need an interminable series of Band-Aids. We need to stop the Beltway spending spree and reverse the regulatory expansion of the federal government to get actual, sustainable job creation in the private sector instead of more bureaucrats and temp jobs subsidized by taxpayers.

Are you saying a Stimulus Bandaid isn’t appropriate treatment for an economy bleeding jobs like a slashed femoral artery?

Get outa here!

VelvetElvis on September 28, 2010 at 12:20 PM

When Obama speaks of jobs being “created,” does he mean “created” as in “I just made-up all this stuff up, created it out if thin air?”

That’s what I thought.

FlameWarrior on September 28, 2010 at 12:21 PM

Remember those jobs that Porkulus “saved or created” with $787 billion in borrowed money
====================================

WE KNEW THIS WAS GOING TO HAPPEN!

And,Pelosi threw Team Right under da bus with
*8 years of failed Bush Policies!!

*(Pelosi said it)

I have Pelosi`s original Bailout Baby Archived!

Crack a window open,and play it,to remind yourself
whats at stake in November!!
==========================================================

Speaker Nancy Pelosi (D-CA) Floor Speech Before Bailout Vote

September 29,2008

http://www.youtube.com/watch?gl=CA&hl=en&v=VMLo7i38D58

canopfor on September 28, 2010 at 12:22 PM

Tens of thousands? This seems like a 10% Unemployment Rate is likely to return, right before the elections. Did Dems forget about this and maybe that’s why the NYT is bringing it up now -while they’re still in session?

BKeyser on September 28, 2010 at 12:22 PM

But why can’t the RICH just pay for all the rest of us though? Did I miss something?

SDarchitect on September 28, 2010 at 12:22 PM

I agree, Ed. The repeal of Obamacare must be the first step, since it’s new regulations, paperwork, and taxes are odious. That monstrostity on top of the tax hikes will likely kill the economy now in arrest.

dogsoldier on September 28, 2010 at 12:25 PM

Does anyone actually READ the NYT anymore?

GarandFan on September 28, 2010 at 12:26 PM

Obama and his goons are all “smoke and mirrors” . . . unfortunately for him, the smoke is dissipating and the mirrors are cracking.

rplat on September 28, 2010 at 12:27 PM

He’s just trying to drive up farm payrolls by putting us all on food stamps! Cut the man a break and just enjoy your “free” waffles and shrimp!

abobo on September 28, 2010 at 12:27 PM

These jobs didn’t get created as much as they got propped up. They were temp jobs, and like any temp job, the contract ends when the money stops.

I believe that in Tammany Hall, Teapot Dome, etc, such jobs were called “make-work”, did not contibute to the public good, and were illegal.

They were reserved for political donors’ idiot offspring, daughters’ idiot husbands, and political bosses’ idiot nephews.

ChrisB on September 28, 2010 at 12:29 PM

Porkulus part deux c oming……libs:it’ for the children

cmsinaz on September 28, 2010 at 12:29 PM

Rush is on a bloody roll
Heh

cmsinaz on September 28, 2010 at 12:30 PM

The only thing that the stimulus stimulated was the growth of government.

PackerBronco on September 28, 2010 at 12:31 PM

We will be adding many demrat politicians jobs to those disappearing jobs.

csdeven on September 28, 2010 at 12:34 PM

The only thing that the stimulus stimulated was the growth of government.

PackerBronco on September 28, 2010 at 12:31 PM

And higher taxes on our children/grandchildren to pay for it…

SHARPTOOTH on September 28, 2010 at 12:35 PM

Obama and his goons are all “smoke and mirrors” . . . unfortunately for him, the smoke is dissipating and the mirrors are cracking.

rplat on September 28, 2010 at 12:27 PM

Unfortunately for us, we’ve been sliced up by the flying shards of glass.

INC on September 28, 2010 at 12:36 PM

“Why can’t you see how great I am?” –Obama

Schadenfreude on September 28, 2010 at 12:36 PM

How about a new category like:

Jobs Deliberately Destroyed By Obama?

789 Chrysler dealerships closed: At least 12,000 jobs.
Illegal 6 Month Drilling Moratorium in the gulf: 89,000 jobs.
Cancellation of the Constellation Program: 20,000+ (?)
Banks Needlessly Closed: (One in New Mexico reported in HotAir.com comes to mind)
Ranchers and Farmers impacted from locking out millions of acres of western land…

Then we could tally up the number of jobs intentionally destroyed in Red States vs Blue States, Union vs Non-Union jobs, etc.

Jobs Saved / Created / Destroyed

The Rock on September 28, 2010 at 12:37 PM

Obama and his economic team have one thing in common. It seems none of them have ever held a real job. None, it seems, have ever had to meet a payroll. Thus, it is certainly understandable that their notion of a “job” is vastly different from the bulk of the population, those with real jobs.

Under Obama’s concept, if I am drawing a salary to watch a tree grow…just one tree…I have a job that he “saved.”

Now, as to the productivity of that “job.” Am I being productive in my sitting all day long watching one tree grow?

It is the productive nature of real jobs that eludes Obama. Sure, a few hundred billion spent here and there to keep tree-watchers employed is creating, perhaps saving jobs. But at what overall expense? How much is a tree watcher actually contributing to the economy? And is the return on the expense of keeping me, the tree watcher, employed costing more or less than the funds expended to pay me for watching just one tree?

If it were tree-planters and tree-cultivators, loggers and forestry specialists, perhaps, but a tree watcher?

Unless there is real productivity at the end of the day in those “jobs” saved or created by Team Obama, all of this is nothing but a government handout paid for by productive citizens to keep non-productive citizens on the government dole.

At some point, perhaps we have reached it already, we cannot afford anymore robbing from the rich to pay for the idle poor. Either create an atmosphere for productive jobs, or get out of the way and let those with jobs and the power to create productive jobs handle the adult stuff.

coldwarrior on September 28, 2010 at 12:38 PM

Ugh, every day I shudder at how close the house is to collapsing.

What a disaster these libs have been for us, and the RINO’s who helped it happen, and the utter disgrace of a POTUS who shouldn’t have been trusted to run a lemonade stand much less the White House.

Bishop on September 28, 2010 at 12:43 PM

Porkulus part deux c oming……libs:it’ for the children

cmsinaz on September 28, 2010 at 12:29 PM

++++++++++++++++++++++++++++++++++++++++++++

Rush is on a bloody roll
Heh

cmsinaz on September 28, 2010 at 12:30 PM

cmsinaz:LOL,It Takes a village,and Rush,yuppers,listening
to him,talking about his interview with Greta!:)

canopfor on September 28, 2010 at 12:46 PM

I thought most of the money had yet to be spent.

faraway on September 28, 2010 at 12:47 PM

The Socialist method of job creation: It’s like a mortician performing autopsies on the living.

AubieJon on September 28, 2010 at 12:47 PM

I’m glad O’s job has an expiration date.

Beaglemom on September 28, 2010 at 12:47 PM

Are you saying a Stimulus Bandaid isn’t appropriate treatment for an economy bleeding jobs like a slashed femoral artery?

Get outa here! VelvetElvis on September 28, 2010 at 12:20 PM

Every dollar of deficit spending damages the immune system makes this patient weaker.

Basilsbest on September 28, 2010 at 12:48 PM

We don’t need an interminable series of Band-Aids.

The Band-Aids are there to mask the thousand cuts intentionally inflicted and designed to kill the economy so that it can be reborn as a socialist system.

Extrafishy on September 28, 2010 at 12:48 PM

Ugh, every day I shudder at how close the house is to collapsing.

What a disaster these libs have been for us, and the RINO’s who helped it happen, and the utter disgrace of a POTUS who shouldn’t have been trusted to run a lemonade stand much less the White House.

Bishop on September 28, 2010 at 12:43 PM

Bishop: Short and sweet,to the point,nailed it as always!:)

canopfor on September 28, 2010 at 12:49 PM

every day I shudder at how close the house is to collapsing.

Gold just hit another all-time high, up $14 to $1307.

Take that, Bernanke! (Smack!)

Emperor Norton on September 28, 2010 at 12:51 PM

I never gave the stimulus the elevation that’s suggested here.

I always agreed with Sarah Palin on this one. This was always a state bailout, disguised.

And that’s not good politics, in my opinion. Be honest in hard times.

I would have supported 70% of the stimulus on state bailout reasons.

I personally felt that schools, police, firefighters, etc., needed a year to adjust and downsize.

But that’s not how the Dems chose to play this. They trumpeted it as a job creation bill.

And they should be held accountable for that nonsense.

AnninCA on September 28, 2010 at 12:51 PM

There’s one job that can’t be saved, and it currently belongs to President Woe-is-Me.

“Resign” – Thomas Sowell

Cody1991 on September 28, 2010 at 12:53 PM

The DOTUS and his minions are hard at work.

JOB 1?……………..CUT AMERICA DOWN TO SIZE.

PappyD61 on September 28, 2010 at 12:53 PM

Real jobs create wealth and pay for themselves along with profit.
Make work, i.e. gubment created jobs consume wealth.

it is that simple you liberal bastadges!

esnap on September 28, 2010 at 12:53 PM

I thought most of the money had yet to be spent.

faraway on September 28, 2010 at 12:47 PM

faraway:All spent,The latest bailout!
========================================================

Obama’s Latest Stealth Bailout — $30 Billion For Community Banks …

http://thedailybail.squarespace.com/home/obamas-latest-stealth-bailout-30-billion-for-community-banks.html

canopfor on September 28, 2010 at 12:55 PM

canopfor on September 28, 2010 at 12:46 PM

:)

cmsinaz on September 28, 2010 at 12:55 PM

Liberals think it would be paradise if we all just worked for the government. Heck, we just print more money if we need it, right?

ButterflyDragon on September 28, 2010 at 12:58 PM

the utter disgrace of a POTUS who shouldn’t have been trusted to run a lemonade stand much less the White House.

Bishop on September 28, 2010 at 12:43 PM

As I explained to my 1st grader who begged me to let him do a lemonade stand last summer:

“Honey, a lemonade stand doesn’t make money. Mommy would spend a lot of her own money for ingredients and supplies for lemonade no one will buy” (and then granny and pop-pop spend even more money to buy that lemonade so junior doesn’t feel bad).

Obama is actually the PERFECT guy to run a lemonade stand.

Laura in Maryland on September 28, 2010 at 1:00 PM

New Deal-style program

My late father used to say the “WPA” stood for “we putter around,” i.e., providing no useful work while collecting a government check.

Wethal on September 28, 2010 at 1:00 PM

Babylon and Emperor Obama

In the Obama era, Washington helps run auto companies, oversees some corporate salaries, imposes an individual mandate to purchase health insurance, and seeks to rationalize the health care system with a profusion of new boards, offices, agencies and commissions — estimates vary from 47 to 159 new bureaucratic entities.

Schadenfreude on September 28, 2010 at 1:01 PM

Historians are going to look back at this period in history, with the 0bama administration spending trillions and threatening tax increases during a recession, and shake their heads and wonder, “What the hell were they thinking?”

Sort of like the way we’re doing that now.

UltimateBob on September 28, 2010 at 1:02 PM

Obama is actually the PERFECT guy to run a lemonade stand.

Laura in Maryland on September 28, 2010 at 1:00 PM

If only he had THAT much business experience, we might be a little better off.

UltimateBob on September 28, 2010 at 1:04 PM

Obama is actually the PERFECT guy to run a lemonade stand.

Laura in Maryland on September 28, 2010 at 1:00 PM

I’m not convinced.

BobMbx on September 28, 2010 at 1:06 PM

The Dems are also hot to trot out an extension of unemployment benefits…because taxpayers just love paying for the jobless recovery.

Also, Larry Kudlow exposes the false economics of the latest ObaMao wonder-worker plan of extending loans to small businesses. The bill is not the answer to a stagnating economy. Small businesses are not necessarily cash-strapped; they are stymied by the uncertainty of the business climate caused by taxes and regulations in the offing. Most small businesses and banks want nothing to do with this mini-TARP because they do not want the federal government determining the strings that are sure to be attached such as hiring practices for women and minorities.

onlineanalyst on September 28, 2010 at 1:07 PM

BobMbx on September 28, 2010 at 1:06 PM

UltimateBob on September 28, 2010 at 1:04 PM

Bobs, You’re right. But he does seem awfully good at taking other people’s money for unnecessary endeavors, and then making other people who don’t like pony up even more money.

Laura in Maryland on September 28, 2010 at 1:11 PM

Thus, a lot of Dems “jobs are about to disappear”

Sounder on September 28, 2010 at 1:34 PM

Most of them turned out to be illusory, but the New York Times says tens of thousands that actually exist will soon be coming to an end. Perhaps a better description might be … jobs rented or leased?

POTUS: “Is it 2020 yet?”
Rahm: “No sir, it’s still 2010, why?”
POTUS: “The census, we need to get some more jobs out there…”
Rahm: “Damn, I don’t see how we can do it…”

ted c on September 28, 2010 at 2:11 PM

Liberals and economics don’t mix…liberals and math don’t mix…liberals and common sense don’t mix…but they are good at poetry and music…

right2bright on September 28, 2010 at 2:39 PM

We don’t need an interminable series of Band-Aids.

A tourniquet around the neck of Washington is our only hope for change.

Starve the Beast.

karl9000 on September 28, 2010 at 3:55 PM

Good thing for Democrats, and our society, that they only need to fear elections. Death by hanging could have been their fate in other times and places.

Saltysam on September 28, 2010 at 4:04 PM

And now the Band-Aid is coming off.

Revealing underneath the nasty scab that is Obama.

pain train on September 28, 2010 at 5:23 PM

Yes, but pretty soon retail stores will start hiring seasonal employees for Christmas. Target has already said they will hire 45,000. These will be new jobs that are “saved or created”, and then when they disappear in January, the job losses will be…you guessed it…unexpected.

Chris of Rights on September 28, 2010 at 6:25 PM

“While the Obama administration and Democrats in Congress want to extend the program, they are meeting stiff resistance from Republicans, many of whom oppose all things stimulus.”

Why care about Republicans! Odummy and the ‘Gray Lady’ know that their problem is with their own Dems, not Republicans. Rahm was right – - the Dems mishandling of their majorities in both houses and the White House was a crisis too good too waste.

outnumberedinparadise on September 28, 2010 at 8:54 PM