Obama’s misleading jobs rhetoric

There he goes again. In the latest Economic Report of the President, Obama repeats his claim that the $787 billion economic stimulus program “has saved or created roughly two million jobs so far.” Administration officials stopped saying that last year after journalists and think tankers across the political spectrum examined the supporting data posted on the official recovery.gov Web site and found it full of factual holes.

Thousands of jobs were claimed to have been saved or created in phantom congressional districts and ZIP codes. Thousands of raises given to public employees were counted as jobs saved or created. The Examiner’s David Freddoso and Mark Hemingway examined media investigations and found nearly 100,000 phony positions. In other words, the claim that 2 million jobs were saved or created by the Obama economic stimulus program was exposed as being about as trustworthy as the used car salesman’s assurance that the clunker on his lot was owned by a little old lady who only drove it to church on Sunday.

read the rest:  Obama’s misleading jobs rhetoric | Washington Examiner.

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Filed under Barack Obama, Big Government, Cronyism, Economics, Government Spending, Liberals

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