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Friday, November 20, 2009
"Stimulus" Fuzzy Math of the Day: Jobs Without Spending Money, Money Spent Without Jobs
Posted by: Townhall.com Staff at 10:25 AM
Guest post from Mattie Duppler with the Center for Fiscal Accountability

A GAO Report released today shows that the "stimulus" is so good at creating jobs, it doesn't even need money to do it. According to the report, over 50,000 jobs have been "saved or created" without a single dollar of "stimulus" funds having been paid for them.

However, the GAO report also shows that over $1 billion was spent without creating a single job. This could be due to the fact that recovery money was doled out to such deserving projects as propaganda signs to advertise “stimulus” projects, checks for dead people and a $100,000 microscope for Harvard, but still doesn't explain how the "jobs" bill spent money without creating jobs, and created jobs without spending any money.

Undaunted, the White House is steadfast in its support of the measure. Yesterday, the President called the massive errors in reporting a “side issue," assuring Americans that job creation was still his primary concern. As such, it's unfortunate the President has suddenly become unconcerned with the reporting of jobs,  since he has repeatedly promised 3-4 million jobs would be impacted  by his spending bill since taking office.

And the Vice-President is as oblivious as ever. It seems that he has not bothered to take a look at the recovery site he has been touting as such a success - on the Daily Show this week he first misstated the amount of imaginary congressional districts appearing on recovery.gov (Mr. Biden reported there were 70 when in fact there are over 700) and then went on to proudly proclaim “you haven’t seen any wasteful spending” under the Obama Administration. An unbelievable statement on its own merits, Mr. Biden went on to claim they had only been in office for seven or eighth months, so it’s evident that whatever world Biden resides in, it’s not the one the rest of us share.







Thursday, November 19, 2009
$12 Trillion and Counting...
Posted by: Meredith Jessup at 1:17 PM
America's public debt has officially surpassed $12 trillion.  This debt is quickly approaching the statutory limit of $12.104 trillion. 

Prediction: Congress will vote itself a higher limit so it can spend even more.




Thursday, November 19, 2009
"Stimulus" Fuzzy Math of the Day: RAT Board Shrugs Responsibility
Posted by: Townhall.com Staff at 10:33 AM
Guest post from Mattie Duppler with the Center for Fiscal Accountability

In response to Rep. Darrell Issa's request for information on recovery.gov, Earl Devaney, head of the Recovery Accountability and Transparency Board, confirmed exactly what we have been arguing since the first day President Obama uttered his dubious millions of jobs “saved or created” claim: the reports of jobs impacted by the bill cannot, in fact, be verified. Specifically, the letter, sent yesterday, stated:

“Your letter specifically asks if I am able to certify that the number of jobs reported as created/saved on Recovery.gov is accurate and auditable. No, I am not able to make this certification.”

Unfazed, Devaney continued by sticking to the administration’s current messaging scheme, making nebulous promises that the system for vetting the job reports was improving and that posting the information online has

“established a process that will lead to increasingly higher levels of accuracy in the future.”

The deficiency of federal guidelines in the initial reporting of jobs should attest to the inanity of this claim. In Nevada, just within the state’s department of Education there were several discrepancies on how jobs should be reported – local authorities were using the base salary of $92,000 to calculate jobs in their districts, the department relied on an estimate of $66,681 while the state’s higher education system decided they would use an average of $45,000. Imagine the inaccuracies when this kind of confusion is multiplied several times over for different agencies, and then by 57 for each of the states, D.C. and U.S. territories.

The absence of specific accounting procedures in place before launching an accountability program, the largesse of which the administration has been quick to point out to illustrate its grand, though vacuous, commitment to transparency, should indicate a blatant lack of concern for accuracy in “stimulus” reporting. The jobs saved/created claim, devised as a hyperbolic tool to promote the President’s agenda, cannot stand up to the facts on the ground. The administration is suddenly in the awkward position of trying to reconcile its economic delusions with the reality of an America where 10.2% of the population is unemployed…and are finding it difficult to do.







Thursday, November 19, 2009
Obama Calls Errors In Stimulus Data "Side Issues"
Posted by: Meredith Jessup at 9:25 AM
Despite more information emerging about the fraud being advertised on Recovery.gov, President Obama is (not surprisingly) urging folks to NOT pay attention to the errors in data reporting, and instead, focus on job growth. 
President Obama brushed off criticism over his administration's inaccurate reporting on job creation Wednesday, telling Fox News the accounting is an "inexact science" and that any errors are a "side issue" when compared with the goal of turning the economy around. He said job growth is his No.1 responsibility.
Uh... what job growth?  Aside from the federal government, have there been a significant number of jobs created that have helped to grow the economy?  I think President Obama has a much better chance of updating his Recovery.gov website than in creating jobs with his failed stimulus package.  On job growth and accountability, this administration is currently scoring a big fat FAIL.

And please don't preach about "unprecedented transparency" and then claim that providing factual information is not one of your responsibilities.





Wednesday, November 18, 2009
Obama Ducks & Dodges The White House's Erroneous Jobs Saved/Created Numbers
Posted by: Greg Hengler at 6:38 PM
If Obama were a mma fighter, nobody would be able to hit him. I wish Major would have stayed on him until he answered. It's fun to see him run, though:






Wednesday, November 18, 2009
Stimulus Watch Relaunches
Posted by: Kevin Glass at 3:00 PM
The irreplacable Stimulus Watch website has been relaunched with a great rundown of the Obama Stimulus. Check it out: you can search by locality and find a stimulus project near where you live! You can even vote on which are the "best" (or "worst") stimulus projects. Leading the voting so far: $30,000 for furnishing picnic tables in Cherokee, Iowa.

My local favorite (I'm a Washington, D.C. resident): $3,000 for "paint and supplies (no other explanation)." Not sure what it's needed for, but surely that was stimulating! What's your favorite?




Wednesday, November 18, 2009
"Stimulus" Fuzzy Math of the Day: How Many Congressional Districts "Saved or Created?
Posted by: Townhall.com Staff at 8:00 AM
Guest post from Mattie Duppler with the Center for Fiscal Accountability

A new page in the Obama playbook has appeared with regards to “stimulus” tracking – instead of making up jobs, the recovery.gov data is making up places for people to be employed.

The data on federal government’s “stimulus” tracking site is rife with locations where jobs were supposedly created but don’t actually exist. ABC reported yesterday that 30 jobs had been created in Arizona’s 15th Congressional District (CD) with only $761,420 in “stimulus” funds. Arizona, however, only has 8 CDs. Here at CFA, we hypothesized that the errors may be due to a misunderstanding of state workers, who reported using their state district numbers instead of their federal ones (even though, with the “stimulus” boondoggle being a brainchild of the federal magnitude, I would think this would be an obvious mistake). I took a look at the recovery.gov data to see if this was the case – the problem is, as we have seen so many times, recovery.gov is totally deficient when it comes to actually tracking your money.

For instance, data on “jobs created” in Wisconsin shows that 1.8 jobs were created in the state’s 14th CD. Wisconsin, like Arizona, only has 8 CDs. I figured I should be able to click on the data and see where in the state the reporting had taken place and locate the alleged 14th CD.  The data, however, is stuck in a static graph on the site, giving taxpayers no means of actually locating their money, which has, according to one report, gone to 440 imaginary CDs.

These errors are not going unnoticed. Rep. Dave Obey (Wis.) sent a letter to the President scolding him for the “ludicrous mistakes” and demanding that: "Whether the numbers are good news or bad news, I want the honest numbers and I want them now."

If this is a case of simple human error and state agencies are reporting using state district numbers instead of federal ones (again, ignoring the fact that many states have data listed for “00 Congressional District," which is another issue entirely) taxpayers can hardly be excited about their hard-earned money paying for these asinine mistakes. Perhaps we should turn our attention away from jobs “saved or created” in mystical CDs and instead focus on jobs replaced – as in those belonging to state workers who don’t know the difference between the federal and state districts in which they live.







Wednesday, November 18, 2009
A Jobs Bill Done Right?
Posted by: John Hanlon at 7:00 AM
This blog has recently been highlighting some of the recent stories about the stimulus package that was signed into law in February of this year. One such story involves stimulus jobs being created in Congressional districts that do not even exist. In spite of such negative stories and as the president prepares for a jobs summit next month, Democrats in Congress seem to be pushing for another jobs bill for next month but this time, they assure us that they will get things right.

According to Politico.com, Nancy Pelosi recently stated that "she hopes to move on a jobs bill next month but cautioned against rushing in before Democrats have found the 'right initiative' to deal with what’s proved to be a very stubborn, deep recession for workers." A new jobs bill sounds like an interesting idea considering the fact that many Democrats have been defending the last stimulus bill over the past few months, advising us that that bill was supposed to work over the long term, not the short term. It has been approximately nine months since that bill was signed into law and now one of the "successes" of that bill seems to be jobs created in districts that do not even exist.

It is also interesting to hear Democratic leaders taking time on a new jobs bill when they are many of the same people who quickly pushed through the stimulus bill. According to a "This Week with George Stephanopoulos" transcript from earlier this year, Pelosi said the following about the stimulus package that was being developed then:
I have the most to prove with this package, by the way, and I'm not - the choices we are making are those that will work, that must work. Our economy requires it. America's families need it. This is urgent.

Since that stimulus went into law, millions of jobs have been lost and unemployment is now over ten percent. Shouldn't the Democrats have taken more time to evaluate the first stimulus package before they pushed it through like so many Republicans suggested? A jobs bill in the future might be a good idea but shouldn't Democrats first acknowledge the failures and the lack of accountability of the first Obama stimulus bill that cost nearly 800 billions dollars?





Tuesday, November 17, 2009
And They Want to Run Your Health Care?
Posted by: Michele Bachmann at 6:22 PM
The President’s economic “stimulus” package appears to be working so marvelously that it’s even creating nonexistent jobs in nonexistent locations. While the evidence continues to pile up that the President’s stimulus package has been a failure with unemployment rising to over 10%, Americans continue to ask: Where are the jobs? Visiting the federal government’s stimulus tracking website sure won’t help anyone find them. You can try, but your search will lead you in all sorts of different directions.

In fact, ABC News has located “several examples on the government's web site outlining hundreds of millions of dollars spent and jobs created in Congressional districts that have been misidentified.”  

Minnesota has eight Congressional districts, but the website lists 19 different districts, all of which have received stimulus funds. Taken together, the 11 mystery congressional districts posted received more than $7 million in stimulus spending, and created or saved about 50 jobs.  Who’s in charge of managing the accuracy of this website and properly distributing stimulus dollars?  The same federal government that wants to take control of your health care. Talk about a lack of fiscal responsibility and transparency. This is government accountability at its best.





Tuesday, November 17, 2009
47% Will Pay No Federal Tax In 2009
Posted by: Townhall.com Staff at 4:57 PM
Zero Hedge points out that 47% of Americans won't pay a single cent in taxes in 2009, despite utilizing government services far more than the other 53%. What's more is that 5% of  taxpayers account for 60.6% of all tax revenue.
Brilliant plan to keep the country happy: the poor pay no taxes, the rich get a massive stock market bubble to sell into, and the disappearing middle class...well, they can pay $20 for a hotdog and beer combo in Prague on that once-every-five-years vacation.


Tags: taxes



Tuesday, November 17, 2009
"Stimulus" Fuzzy Math of the Day: No Hope for Michigan in "Stimulus" Plan
Posted by: Townhall.com Staff at 7:45 AM
Guest post from Mattie Duppler with the Center for Fiscal Accountability

Michigan, which has the highest unemployment in the nation, is not faring any better because of the so-called “stimulus.” In fact, the $5.2 billion slotted for the state has, according to a Free Press analysis, “created or retained virtually no jobs.” In a state that has been hit hardest by the recession, it seems the President’s poorly-conceived plan has had, if anything, had the effect of creating part-time summer jobs for teens, providing for COLA adjustments and rental assistance.

In a nod to the na?vet? that guides the administration’s economic policy, White House Economic Advisor Jared Bernstein claimed: "It looks to us like the program is unfolding much as we hoped in Michigan.”

Amongst other things, this would mean the White House hoped the “stimulus” would, according to the Free Press, have the following effects:
  • Three of every four stimulus grants, contracts and loans approved in Michigan created or retained one job or less.
  • Fewer than 700 awards had received some money, and nearly half of those -- 327 -- had created one job or less, at a cost per job of $2.7 million.
  • Some job estimates were wrong: General Motors Co., for instance, reported 105 jobs saved or created for a government purchase of 5,000 vehicles but later said no jobs were saved or created. The City of Detroit reported 342 jobs it now says were projections -- not jobs already created or retained.

If this is what the administration had hoped for in its grand disbursal of taxpayers’ money, no wonder Vice-President Biden thinks the “stimulus” has worked beyond his “wildest dreams.”







Monday, November 16, 2009
San Diego News Station Blasts Barbara Boxer & Says Stimulus Created Only 1 Job!
Posted by: Greg Hengler at 3:56 PM
The inability to correlate Democrat leadership (local, state, and national) with poor results is mind boggling. The consequences of liberal policies appear to have no effect on a change of policy -- or the perception of voters to change the policy makers. H/T: Ed Morrissey






Monday, November 16, 2009
"Stimulus" Fuzzy Math of the Day: No Jobs, Just Spin
Posted by: Townhall.com Staff at 9:47 AM
Guest post from Sandra Fabry with Americans for Tax Reform.

Mark Twain must be rolling over in his grave. The man who popularized the phrase “There are three kinds of lies: lies, damned lies and statistics” would no doubt be incredulous over the wild imagination of this administration and its attempts to portray the failed “stimulus” program as a success.

The Augusta Chronicle reports that the University of Georgia, the state’s largest university, claimed to have saved over 1,700 jobs with “stimulus” money this summer. As we’ve come to suspect, this number is far from the truth – the “stimulus” money was actually used to pay the salaries of faculty and staff, the amount of which worked out to about 1,700 salaries for the month of August. This month, and the months to come, the staff will be paid through other more traditional means. There will be no jobs reported as “saved or created” in September. An official defended the school, citing the university was “"We're just using their methodology, and calculating it as we were instructed.”
 
Universities aren’t the only educators failing the grade. East Central Technical College in Georgia reported that the $200,000 in federal funds they received would create 280 new jobs, although the money actually went to train (and not hire) 280 students. With federal reporting requirements resulting in such hugely erroneous estimations of the actual effect of the President’s $787 billion package, taxpayers are getting tired of the President’s statistical spin.






Saturday, November 14, 2009
Trade Agreements: Mixed Messages from the Obama Administration
Posted by: Meredith Jessup at 3:22 PM
I woke up this morning to find this AP story which describes President Obama's support for making free-trade pacts within the Asian trade arena:

President Barack Obama raised hopes for creating an Asia-Pacific free-trade region by announcing Saturday that the U.S. would seek to join a smaller group seen as a precursor to a broader Pacific Rim agreement.

News that the U.S. would participate in the Trans-Pacific Partnership, joining Chile, New Zealand, Singapore and Brunei, was announced in Tokyo and Singapore, drawing applause at the annual Asia-Pacific Economic Cooperation forum.

I'll admit, I was pleasantly surprised.  Personally, I'm a big believer in free trade as it breaks down barriers and helps American companies and workers compete more effectively in the global marketplace.  But, like many others, I was disappointed when President Bush signed trade agreements with numerous countries years ago--like Chile, South Korea, Panama, Colombia, etc.--the Democrat-controlled Congress refused to approve them. 

Secondly, this news represents a mixed-signal from within the administration itself as just yesterday, Obama's commerce secretary said,  "Trade agreements are going to have to wait."


Read More...





Saturday, November 14, 2009
Breathtaking -- And Not in a Good Way
Posted by: Carol Platt Liebau at 2:31 PM
This report from Politico discusses President Obama's plans to theme his State of the Union address around cutting the deficit.  What jumps out is the following gasp-inducing statistic:

Obama has spent more money on new programs in nine months than Bill Clinton did in eight years, pushing the annual deficit to $1.4 trillion.

Given this fact, the push for "fiscal responsibility" that the President is going to talk-talk-talk (and talk some more) about is a joke.  Really care about not exploding the deficit? There are two easy ways to avoid it:

(1) Redirect the unspent "stimulus" money to payroll tax cuts.  That will have the added benefit of actually stimulating employment.

(2) Call off plans to jam a mind-bogglingly expensive, freedom-stealing, unpopular health care "reform" down the American people's throats.



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