The Ghost of Snapped Shot

Or, welcome to my low-maintenance heck.

On Creating And "Saving" Jobs

The Administration's great job plan, illustrated.

Ace is on fire today:

AP works overtime for Team Barack.


PERRY: The $814 billion economic stimulus program pushed by President Barack Obama "created zero jobs."

THE FACTS: There is no support for that assertion. The nonpartisan Congressional Budget Office said last year that the stimulus increased the number of people employed by between 1.4 million and 3.3 million as of mid-2010. It cut the unemployment rate between 0.7 and 1.8 percentage points, the CBO found.

Economists debate whether the stimulus lived up to its promise or was worth the cost, but no one seriously argues that it created no jobs. Many believe it helped to end the recession even while falling short of its employment goals.

[End citation]

There is plenty of support for this assertion: Fewer Americans are employed today than when Obama took office in 2009. Right there, that seems to strongly support the idea that "zero" jobs were created, and in fact, suggests that jobs were destroyed.

Look at the exact word Perry used -- "created." Perry is talking about jobs created.

Is that what the AP is talking about?

No. The AP obscures this by avoiding the phrase "saved or created," but when they write "increased the number of people employed" they are deliberately avoiding what they mean -- "saved or created." It is the "saved or created" estimates that yield that fanciful 1.4-3.3 million figure.

Quick question, AP: How does Obama's "saved or created" figure stack up with Bush's? Or Clinton's? Or the first Bush's?

Trick question, of course, as there are no "saved or created" figures for those Presidents. The "saved or created" figure was invented by Obama, and thusfar has been applied to exactly one president.

The italics are Ace's, bolds mine.

Be sure to click on over for the rest, as this is the analysis that you'll never get from watching the Daytime Soaps Press.


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