edited by: Lisa Renee Ward,
Ohio Editor
Yep. I'm talking about the stimulus again.
It will go up here at BizzyBlog on Sunday morning (link won’t work until then) after the blackout expires.
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Supplement: The column points out what should be obvious, but isn’t to many — Where government goes, trouble follows.
Of course [...]
The hard-working folks over at Recovery.gov, ever on guard for that rare instance of government inefficiency that occurs only once in a decade or so, have responded with commendable speed to news reports of erroneous/incompetent/fraudulent data in the records of stimulus money spent to save [...]
Yes, the government thinks we’re that fricking stupid …
Stimulus Fraud Posted 11/17/2009 07:49 PM ET
The Economy: We knew something was funny when the White House claimed that 640,000 to 1 million jobs had been created from this year’s stimulus. What we didn’t know was that it would turn [...]
According to Lynn Walsh of the Buckeye Institute, not only do stimulus jobs cost more in Congressional districts controlled by Democrats, but jobs have been “saved or created” in districts that don’t exist.. such as District 00 or District 99.
But the question remains: In those pretend districts during [...]
I noted this briefly this morning at Lickety-Split Links (”Recovery.gov lists hundreds of millions spent and hundreds of jobs created in Congressional districts that don’t exist“), and it has caught the attention of several SOBers:
Maggie Thurber — “Bogus jobs numbers in the stimulus & Ohio phantom congressional [...]The federal stimulus package so far has given Ohio State University's research work an $82.5 million boost, says Caroline Whitacre, OSU's vice president for research, who will talk about that today at an event in Washington with House Speaker Nancy Pelosi.
Whitacre and other members of the Association of [...]
Perhaps this was inevitable: Politics will play a role in deciding which states get federal stimulus money to build high-speed railroads.
So says the editor of Railway Age, who notes that the Federal Railroad Administration's ostensibly "merit-based" selection process will inevitably include political considerations.
States have submitted $100 billion [...]
Last week the Obama administration issued a report purporting to show that the President’s $787 billion economic stimulus plan had saved or created exactly 640,329 jobs. Such a precise number for such a fuzzy concept as jobs “saved or created” immediately raised doubts about the veracity of the report [...]
Via Geoff at Innocent Bystanders, whose post deserves a full read:
First there’s the update to the now-infamous Obama stimulus promise vs. reality graph:
Then there’s this, with benchmarking points added by yours truly:
The POR (Pelosi-Obama-Reid) Economy began roughly as spring turned into summer of [...]
It was announced today that the “official” unemployment rate hit 10.2% last month.
In other news the president will sign into law another mini-stimulus bill extending the $8,000 tax credit for home buyers and extending unemployment. The bill includes a provision that gives an additional six weeks of unemployment pay to [...]
AP: "WASHINGTON — President Barack Obama's economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there."The Georgia nonprofit's inflated job count is among persisting errors in the government's latest effort to measure the effect of [...]
And in Ohio, the fuzzy Obama math continues:
The Obama administration announced Friday that federal stimulus money had created or saved about 7,200 education jobs in Ohio as of Sept. 30.
Although a couple of hundred of those jobs were in Columbus City Schools, the district acknowledged yesterday that many of [...]
Ohio is getting nearly $30.5 million in federal stimulus money to improve energy efficiency in the industrial sector, officials announced today.
The Ohio awards include $30 million to construct a power-generation plant at the Middletown works of AK Steel to capture and process blast-furnace gas as a way [...]
And when I say massive, I mean absolutely & ludicrously insane.
Let’s start with the administration’s base number. They claim to have directly saved or created 640,329 jobs with $159 billion of expenditures this year. That actually comes to $248,310 per job, a little higher even than [...]
Posting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30.
Officials acknowledged the numbers were not exact, saying that states and localities that reported the numbers have made [...]
