Monday, January 11, 2010

Obama quietly abandons magical “jobs created or saved” metric for even phonier metric

Given all the heat they’ve gotten for pulling numbers out of their ass to inflate the amount of jobs “created or saved” by our $787 billion handout to Democratic special interests, the logical thing to do would be to clean up their act and be more conservative with their estimates.

But as partisans of both sides would agree, logic doesn’t always help win elections.
The memo, first noted by ProPublica, says that those receiving stimulus funds no longer have to say whether a job has been saved or created.
“Instead, recipients will more easily and objectively report on jobs funded with Recovery Act dollars,” Orszag wrote.

In other words, if the project is being funded with stimulus dollars – even if the person worked at that company or organization before and will work the same place afterwards – that’s a stimulus job…

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