Obama Falsely Claims to Have Created or Saved 150,000 Jobs in his First 100 Days
Posted on April 30, 2009
This budget builds on the steps we’ve taken over the last 100 days to move this economy from recession to recovery and ultimately to prosperity.
We began by passing a Recovery Act that has already saved or created over 150,000 jobs and provided a tax cut to 95 percent of all working families.Source
However, the truth is:
So where do they get away with a number like that?
Actually, I thought this was easy. The administration has claimed that ARRA (“the stimulus bill”) will “save or create” 3.3 million jobs in 2 years. So I thought perhaps what they were doing was taking the date of signing, Feb. 17, computing how much of two years had passed (71/730 ~= 9.7%) and … well, that doesn’t work, because on a pro-rated basis they would get to claim 321,000 jobs.
I thought then maybe he had specific numbers. I recall him saying that he was told Caterpillar would call back the 20,000 in layoffs it had originally called for. But that doesn’t work out either, because Caterpillar is still laying off. Initial filings for unemployment insurance have risen through the first 100 days, though today’s number is a hopeful step downward.
Of course, no one will ever know the difference. The media wouldn’t dare challenge Obama with any difficult follow-up questions.
» Filed Under Economy, Fraud/misrepresentation, Journalistic Malpractice, Liberal Media/Bias, News, Politics As Usual, Stupidity
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2 Responses to “Obama Falsely Claims to Have Created or Saved 150,000 Jobs in his First 100 Days”
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If George Bush or any other president had used the words “saved or created”, he’d have been laughed out of office. I’ll remember this new standard when Conservatives regain control of the classroom.
Ya know what the problem that Conservatives have ?:
These creeps in Congress and the White House have created so many targets to shoot at, that we’re like a hound dog runnin through a rabbit farm….
I’ve linked to your post from White House and Obamanomics