Just like President Obama’s income threshold for those who would see tax increases under his administration’s plans – which went down, down, down, by the day – the promised number of jobs that will be “saved or created” by the President’s economic stimulus bill has been quietly revised downward.
Last night, at a gala to honor Honest Abe Lincoln, President Obama said the following:
“I want to thank the Democrats and Republicans in Congress who came together around a hard-fought compromise that will save or create more than 3.5 million jobs.”
Compare that to the president’s prime-time press conference from Monday when he said that his “bottom line” was that the package had to save or create 4 million jobs. It appears that the president’s stimulus bill is actually losing jobs before it is even enacted. Half a million jobs lost in just four days.
Do I hear 3 million…2.5?
Moe Lane
Steve Maley
Dan McLaughlin
Neil Stevens
Daniel Horowitz
Markets Voting "No Confidence"
Spartan4Life (Diary) Thursday, February 12th at 10:31AM EST (link)It would be really hard to make this lousy economy even worse yet the Obama administration and the Pelosicrats have accomplished it in only three weeks!
This whole idea of “saving” jobs is laughable.
Obama is a buffoon and the democrat congress has to go.
Now we know that chunk of 500,000 jobs came w/ an
6eorge Jetson (Diary) Thursday, February 12th at 10:40AM EST (link)Am I missing something?
willtenn Thursday, February 12th at 10:58AM EST (link)I have heard the Dems in Congress talk solely about CREATING 4 million jobs. However, Obama goes back and forth between creating and SAVING 4 million jobs. To me, unless I am missing something, the wiggle word is SAVING. So, when far far less (if any) jobs are CREATED by this spending bill, will the spinless media shift with the administration to the SAVING part and claim that everyone who wasn’t fired or lost their job in that period had their jobs SAVED by this spending bill?
I agree, let’s follow the shrinking job CREATED number, but lets pin the Dems down on the definition of SAVING jobs?
Don't Forget
trishg Thursday, February 12th at 12:00PM EST (link)that Caterpillar is going to rehire “some” of their laid off workers. Ha.!