Thursday, October 29, 2009

Oops! Stimulus jobs overstated by White House

I'm still trying to figure out the difference between a "saved" or "created " job. But AP finds out that the White House can't count very well. If the stimulus is really "Putting America to Work," then it's not doing it at the level the Obama administration claims.

An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.

The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.

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