Friday, November 13, 2009

Stimulus smoke and mirror show in Nevada

Nevada is famous for its casino magic shows, many of which utilize smoke and mirror effects.

But that's not the only smoke and mirror show in the Silver State, as the Las Vegas Sun points out. What jobs has the Democrats' stimulus created?

Not only do the numbers not match up, but instead of representing real bodies in actual jobs, the numbers are estimates — the result of different state agencies using different formulas to calculate stimulus results.

Some local governments, for example, have been told to take the amount of stimulus money they received and divide it by $92,000, the theoretical average wage and benefits of a job. The Nevada Department of Education used $66,681 for its calculation of an average wage and benefit for K-12 employees. And the state’s higher education system figured it at $45,000.

The amorphous jobs numbers have frustrated some legislators, who were left disappointed this week when they tried to figure out how many jobs had been saved or created by the stimulus.

“The original intent of the stimulus was the creation of jobs,” Senate Minority Leader Bill Raggio, R-Reno, said at a legislative hearing on the stimulus Tuesday. “I question the credibility in my own mind of the reports we’re receiving ... I don’t think we’re really getting, or the public is really getting, an accurate picture of what the stimulus is creating with respect to jobs.”

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