Follow BeltwayBlips on Twitter
Blog Reactions
doubleplusundead: So, Are You Stimulated?
Innocent Bystanders: October Job Losses Accelerate Again – 10.2%!
Reactions
 |
Dirty Stimulus Jobs Data Exaggerates Stimulus Impact « Political Math: One of the key talking points for the st.. http://bit.ly/9sXA4 29 days ago |
 |
RT @PoliticalMath: Unemployment jumps to 10.2%. "What about the Stimulus jobs?" you say? I answer here http://bit.ly/3MCDdt #tcot #912 29 days ago |
 |
Great post on bogus "saved" jobs myth RT @PoliticalMath: "What about the Stimulus jobs?" you say? I answer here http://bit.ly/3MCDdt 29 days ago |
So, Are You Stimulated?
doubleplusundead —
So, Are You Stimulated? Ok, we know that the Funemployment jumped again. But remember how Obama claimed that he would "save or create" a bazillion and eleventy jobs with his Porkulus bill? Ummm.....not so much. Over 6,500 of all the “created or saved” jobs are cost-of-living adjustments (COLA), which is really just a raise of about 2% for 6,500 people. That’s not a job saved, no matter how you calculate it. Over 6,000 of the jobs are federal work study jobs, which are part time jobs for needy students. As such, they’re not really “jobs” in the sense that most other federal ...
October Job Losses Accelerate Again – 10.2%!
Innocent Bystanders —
... , and blogs such as Political Math (H/T d3ft punk). But forget the quantitative treatment for a moment and consider what the Obama team’s graph said on a qualitative level. The graph says that within a couple of quarters, the stimulus package will stop the increase in unemployment and reverse the employment trend. That was the real mission of the stimulus. Stop job loss. Get the private sector hiring again. So no matter how convoluted and fanciful the “jobs created or saved” numbers get, we just have to remember what the point used to be, and realize how far short we’ve ...
Unemployment Hits 10.2% – “Stimulus” Not Stimulating
QandO —
... That’s because despite his protestations to the contrary, the the “stimulus” was one, giant earmark. And it is not having the desired effect despite the bogus “jobs created and saved” numbers. ...
The 100% Perfectly Opposite Perspective from Obama’s Concept of Life and America
Innocent Bystanders —
... Posts The 100% Perfectly Opposite Perspective from Obama’s Concept of Life and America Hot Brazilian Woman In Trouble For Being A Hot Brazilian Woman Seen Yesterday Stay Out of the Water October Unemployment Rate Jumps Upward ==>10.2%! Hits Measured by WordPress 2,984,265 hits since April 1, 2006 Visits Measured by Sitemeter Site Meter Top Clicks michaelscomments.files.wo michaelscomments.files.wo politicalmath.wordpress.c jammiewearingfool.blogspo s03.flagcounter.com/more/ ...
You're missing the point
SCSUScholars —
... actions." Were those the words to come from Christina Romer's or Jared Bernstein's mouth, I'd have no debate. But I think it is more than semantics to go from "Simulations of a conventional macroeconomic model show that, without the tax cuts, the level of real GDP" would be x% lower and unemployment y% higher, than to say you've created or saved 640,329 jobs. Official data here, where it helpfully adds "as reported by recipients", perhaps to shift the guilt. The problem is the administration has oversold its control of the economy, and used ...
