So less than 30,000 jobs created for only 787 Billion dollars. Thats about 26 million tax payer dollars per Job.
Hey who cares though right? It's not about the outcome with Liberals anyway it's always about the intent.
26,000,000
Edited, Oct 30th 2009 4:14pm by ThiefX
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How about the more important half of the question: if the money hadn't been spent, how many jobs would we be in the hole compared to today?
Hint: the number is larger than 30,000.
Hint: the number is larger than 30,000.
"It said that had been a test run of a small subset of data that had been subjected only to three days of reviews, that it had already corrected "virtually all" the mistakes identified by the AP and that the discovery of mistakes "does not provide a statistically significant indication of the quality of the full reporting that will come on Friday.""
Your link, ThiefX.
Try reading it before posting it next time.
Would you actually like an estimate of the total number of jobs created?
Try: http://www.google.com/hostednews/ap/article/ALeqM5h9rAzeGUDbcj7o6LNY08vydBdK2QD9BLLPCG1
I know it's a hazard, but I'll let you read it.
Your link, ThiefX.
Try reading it before posting it next time.
Would you actually like an estimate of the total number of jobs created?
Try: http://www.google.com/hostednews/ap/article/ALeqM5h9rAzeGUDbcj7o6LNY08vydBdK2QD9BLLPCG1
I know it's a hazard, but I'll let you read it.
Reuters wrote:
The Obama White House on Friday said the $787 billion economic stimulus plan approved early this year had saved or created 640,329 jobs so far.
[...]
The majority of jobs backed with stimulus dollars were in education -- 325,000 -- and construction -- 80,000, the White House said.
[...]
Earlier this month, a report based on information from recipients showed just federal contracts awarded under the plan had translated into little more than 30,000 jobs
[...]
Projections of how many workers now draw paychecks backed by the stimulus range from groups such as the Congressional Budget Office and Moody's Economy.com range from 600,000 to 1.53 million.
[...]
The majority of jobs backed with stimulus dollars were in education -- 325,000 -- and construction -- 80,000, the White House said.
[...]
Earlier this month, a report based on information from recipients showed just federal contracts awarded under the plan had translated into little more than 30,000 jobs
[...]
Projections of how many workers now draw paychecks backed by the stimulus range from groups such as the Congressional Budget Office and Moody's Economy.com range from 600,000 to 1.53 million.
WSJ wrote:
The White House shot back at its critics, pointing to the economy's 3.5% third-quarter growth rate as evidence of the stimulus's impact. The Council of Economic Advisers believes the Recovery Act contributed between three and four percentage points to growth in the third quarter. Without the stimulus, the economy would have expanded "little, if at all," the White House said.
WSJ Editorial wrote:
It’s easy to ridicule the White House’s estimate that 650,000 jobs have so far been “saved or created†by the $150 billion spent so far from their $787 billion stimulus bill. That’s because while it’s possible to measure jobs created by the stimulus (for example, counting the number of construction workers on an infrastructure project funded by the bill), it’s a lot less clear how you measure jobs saved by it.
[...]
The disparate estimates come down to the multiplier effect. There are jobs directly created, and then there are jobs that are created or saved because the direct beneficiaries are still employed. For example, the stimulus money may have financed a construction workers’ job, but it also may have saved the job of someone at the grocery store where he shops. There’s also the issue of government jobs saved. Many states were planning layoffs that were either canceled or postponed because of stimulus money. But again, those numbers are difficult to quantify.
Most economists agree that multipliers have an effect. Back in February, the Wall Street Journal’s forecasting survey showed economists expected the nation to shed 183,000 jobs on average over the next year — a grim figure, but a markedly better one than the loss of 271,000 jobs they predicted without the stimulus package. That estimate from 46 economists equals about a million jobs saved over 12 months — and that’s the figure Vice President Joe Biden says the stimulus bill will ultimately reach, once the rest of the funds are spent.
[...]
The disparate estimates come down to the multiplier effect. There are jobs directly created, and then there are jobs that are created or saved because the direct beneficiaries are still employed. For example, the stimulus money may have financed a construction workers’ job, but it also may have saved the job of someone at the grocery store where he shops. There’s also the issue of government jobs saved. Many states were planning layoffs that were either canceled or postponed because of stimulus money. But again, those numbers are difficult to quantify.
Most economists agree that multipliers have an effect. Back in February, the Wall Street Journal’s forecasting survey showed economists expected the nation to shed 183,000 jobs on average over the next year — a grim figure, but a markedly better one than the loss of 271,000 jobs they predicted without the stimulus package. That estimate from 46 economists equals about a million jobs saved over 12 months — and that’s the figure Vice President Joe Biden says the stimulus bill will ultimately reach, once the rest of the funds are spent.
Ain't that a corker...
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
#5ThiefX,
Posted: Oct 30 2009 at 5:51 PM, Rating: Sub-Default, (Expand Post) LOL it is a corker Joph. It's a corker that you people keep drinking the kool-aid. You posted a op-ed piece to back up your argument with a lot of "the White House" says
ThiefX wrote:
LOL it is a corker Joph. It's a corker that you people keep drinking the kool-aid. You posted a op-ed piece to back up your argument with a lot of "the White House" says
Funny thing... that op-ed piece was actually talking about how hard it was for Obama to prove his claims.
I suppose it's easier though when you just say "Haha!" and don't trouble yourself with reading or learning or anything. The earlier number only refered to direct federal contracts. The 600k number refers to state spending of stimulus money, largely on educators and construction. I'm assuming most of the contruction numbers are roadway construction since that can get off the ground quicker. We're still bidding tons of building construction projects but those haven't started yet.
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
Quote:
The disparate estimates come down to the multiplier effect. There are jobs directly created, and then there are jobs that are created or saved because the direct beneficiaries are still employed. For example, the stimulus money may have financed a construction workers’ job, but it also may have saved the job of someone at the grocery store where he shops. There’s also the issue of government jobs saved. Many states were planning layoffs that were either canceled or postponed because of stimulus money. But again, those numbers are difficult to quantify.
This sounds a lot like trickle down economics that some people get their shorts in a wad over.
tweelisT wrote:
Quote:
The disparate estimates come down to the multiplier effect. There are jobs directly created, and then there are jobs that are created or saved because the direct beneficiaries are still employed. For example, the stimulus money may have financed a construction workers’ job, but it also may have saved the job of someone at the grocery store where he shops. There’s also the issue of government jobs saved. Many states were planning layoffs that were either canceled or postponed because of stimulus money. But again, those numbers are difficult to quantify.
This sounds a lot like trickle down economics that some people get their shorts in a wad over.
Edit: Correction. What you're seeing here isn't necessarily trickle down, but the multiplier effect. Separate concept really.
Edited, Oct 31st 2009 12:23pm by Uglysasquatch
Donate. One day it could be your family.
An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo
An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo
Quote:
It's a corker that you people keep drinking the kool-aid.
I keep hearing you pubbies say this, yet even in Mass. I have yet to receive any.
I demand my kool-aid.
"The Rich are there to take all of the money & pay none of the taxes, the middle class is there to do all the work and pay all the taxes, and the poor are there to scare the crap out of the middle class." -George Carlin
I don't know about Massachusetts, but from what I understand Jonestown, Guyana has some really good Flavor Aid.
George Carlin wrote:
I think it’s the duty of the comedian to find out where the line is drawn and cross it deliberately.
My husband has one of the jobs created by the stimulus, at a local state college. They were able to hire five more tenure track faculty this year because of a boost in funding and increased enrollment. He was one of them.
We are grateful.
We are grateful.
tweelisT wrote:
This sounds a lot like trickle down economics that some people get their shorts in a wad over.
I agree. "Sounds like".
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
So, Thief, does the X in your name stand for your extra chromosome? It'd explain your low intelligence, your daily struggle with the English language, your beta-male angst - everything, really.
Making fun of people with a biological disorder? This must be a new low for me. I think I may have really crossed the line this time. I would like to apologise to everyone everyone for having to read my hateful nonsense, especially those of you with Klinefelter syndrome or a similar condition. I don't know what came over me.
Making fun of people with a biological disorder? This must be a new low for me. I think I may have really crossed the line this time. I would like to apologise to everyone everyone for having to read my hateful nonsense, especially those of you with Klinefelter syndrome or a similar condition. I don't know what came over me.
Belkira wrote:
Wow. Regular ol' Joph fan club in here.
Jophiel wrote:
Good thing Texas kills those dangerous retarded folk.
Can't sleep, clown will eat me.
#16ThiefX,
Posted: Oct 31 2009 at 3:47 PM, Rating: Sub-Default, (Expand Post) Are you watching history channel shows again Kave? That's an awfully big word for you there.
So Thief, based on your last statement, I assume that if your options were (1) vote for nobody or (2) vote for the least repugnant person running for the office, you'd go with option 1?
ThiefX wrote:
What a Deal
George Carlin wrote:
I think it’s the duty of the comedian to find out where the line is drawn and cross it deliberately.
Quote:
And I always get a kick out of people who got tricked into voting for a Unqualified Community Organizer questioning the intellect of someone else.
He's English you ******* idiot. Now, I know you're going to retroactively assert that this was applying to a general set of people who aren't total raving lunatics and care for nothing other than money, and not that you believed that Kavek actually had something to do with the unqualified community organizer who you revile, and that's a totally legitimate rhetorical weapon, but it's not hard to see the quite obviously impossible action of which you are quite obviously accusing him.
Pensive the Ludicrous wrote:
Quote:
And I always get a kick out of people who got tricked into voting for a Unqualified Community Organizer questioning the intellect of someone else.
He's English you @#%^ing idiot.
Hahaha, this was my first thought too: "Isn't he in the UK?"
Dunno, looks like when the conservative argument that the stimulus would fail didn't pan out because it (surprise!) worked, now they have to get back to crying about how screwed we are in the future. Kudos to the government for sticking with their plan and getting some solid results.
#21ThiefX,
Posted: Nov 02 2009 at 8:07 AM, Rating: Sub-Default, (Expand Post) It Worked???? Are you kidding me? Are you that @#%^ing stupid?
One man's WMD is another man's Stimulus Plan.
Donate. One day it could be your family.
An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo
An invasion of armies can be resisted, but not an idea whose time has come. Victor Hugo
ThiefX wrote:
Quote:
Dunno, looks like when the conservative argument that the stimulus would fail didn't pan out because it (surprise!) worked, now they have to get back to crying about how screwed we are in the future. Kudos to the government for sticking with their plan and getting some solid results.
It Worked???? Are you kidding me? Are you that @#%^ing stupid?
I know Liberals never look at the outcome of their ignorant ideas but the fact that you could actually post the stimulus worked and believe that is beyond amazing.
You are a politician's wet dream. Too stupid to see reality.
Let's see... economy has improved, recession has been broken, and hundreds of thousands of jobs saved/created. Yeah, I'd say it worked. The extent to which it worked you can debate, but the effects have been positive overall. Again, it looks like you thought it would fail, and now that it isn't, you're struggling to find something about which to complain. Go Thief, go!
Quote:
One man's WMD is another man's Stimulus Plan.
Oh war economy, what can't you do.
Just as Planned.
Quote:
Let's see... economy has improved, recession has been broken, and hundreds of thousands of jobs saved/created. Yeah, I'd say it worked. The extent to which it worked you can debate, but the effects have been positive overall. Again, it looks like you thought it would fail, and now that it isn't, you're struggling to find something about which to complain. Go Thief,
LOL the Economy has improved? You mean unemployment that is reaching 10%? All of those jobs that have been saved, none of which can be proven and then there is the jobs that have been "created" which even if you use the Democrats numbers of job creation would mean that each job has cost the tax payers of this country more than 150k each and balloned the national debt so much that it will take generations to pay off,
Thats your idea of the stimulus worked and the economy has been saved?
What flavor is that kool-aid?
Edited, Nov 2nd 2009 10:05am by ThiefX
Edited, Nov 2nd 2009 10:12am by ThiefX
ThiefX wrote:
Quote:
Let's see... economy has improved, recession has been broken, and hundreds of thousands of jobs saved/created. Yeah, I'd say it worked. The extent to which it worked you can debate, but the effects have been positive overall. Again, it looks like you thought it would fail, and now that it isn't, you're struggling to find something about which to complain. Go Thief,
LOL the Economy has improved? You mean unemployment that is reaching 10%? All of those jobs that have been saved, none of which can be proven and then there is the jobs that have been "created" which even if you use the Democrats numbers of job creation would mean that each job has cost the tax payers of this country more than 150k each and balloned the national debt so much that it will take generations to pay off,
Thats your idea of the stimulus worked and the economy has been saved?
What flavor is that kool-aid?
Stop putting words in my mouth; I never used the word "saved." I think we still have a long way to go. I did say "improved"... because it has. You can laugh and jeer and hoot and holler all you want, but all the data is pointing that way.
And I don't drink kool-aid; water is pretty much all I consume. It's healthier :)
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