Did the Stimulus Create Jobs?

The government's own job creation data reveal the dangers of a second stimulus

Veronique de Rugy | December 11, 2009

Last week the White House held a jobs summit with academics and lawmakers to come up with a strategy for job creation. The result of their cogitation was presented by President Barack Obama on Tuesday during a speech at the Brookings Institution. The plan includes a wide-ranging new jobs program focused on infrastructure investment, small-business initiatives, and aid to state and local governments.

Sound familiar? It should, because this new plan is nothing more than a repeat of the first job creation program—the so-called stimulus plan—signed into law by the administration back in February.

Back then, the White House claimed that if we passed the $789 billion American Recovery and Reinvestment Act, unemployment would be contained and jobs would be created immediately.

The chart below illustrates how well, or not, that job creation program has worked so far. Using the most recent data from the Bureau of Labor Statistics and data from the Administration’s website Recovery.gov, it shows the number of jobs lost and the number of jobs “created or saved” between February and October 2009 by state. This chart also assumes, for the sake of argument, that the concept of a “created or saved” job is not a completely fictitious and unverifiable metric of the effectiveness of the stimulus.

As we can see here, with only the exceptions of Minnesota and Vermont, the number of jobs lost outpaces the number of jobs “created or saved.” Since February, the economy has shed 3,179,328 jobs while the Administration claims to have “created or saved” 638,825 jobs. This means that, on average, for each job created or saved, over 6 jobs were lost.

A deeper look into the job creation data reveals that most of the jobs were “created or saved” in the public sector. Based on data from Stimulus Watch, we find that of the jobs the administration claims to have created with stimulus funds, only some 140,765 of them were private jobs.

Furthermore, according the Bureau of Labor Statistics, since the passage of the American Recovery and Reinvestment Act private industry has suffered a net loss of 2,610,000 employees (or 2.3 percent of total private employment), while the government has only lost 46,000 employees from its payroll (or 0.2 percent of total government employment). In other words, most of the job losses occurred in the private sector rather than in the public sector. This means that on average, the number of private jobs lost for every private job created is far greater than 6.

This chart provides some evidence that the first stimulus has failed to deliver on the promises made by the administration—namely, to stop unemployment growth and promote job creation. Finally, consider the Congressional Budget Office’s statement on page 9 of its report, Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output as of September 2009, that “it is impossible to determine how many of the reported jobs would have existed in the absence of the stimulus package.” It seems clear that for the sake of taxpayers and for the sake of job creation, a second stimulus is absolutely the wrong idea.

Veronique de Rugy, Ph.D., is a senior research fellow at the Mercatus Center at George Mason University and a monthly columnist for the print edition of Reason.

Reason needs your support. Please donate today!

Try Reason's award-winning print edition today! Your first issue is FREE if you are not completely satisfied.

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment or disable your ability to comment for any reason at any time.

Old Mexican|12.11.09 @ 3:08PM|#

The Stimulus and Job Creation

The title of a very thin book...

Old Mexican|12.11.09 @ 3:11PM|#

There are only 26 states in that graph... What happened to the other ten?

na na na na hey hey goodbye|12.11.09 @ 3:14PM|#

They joined Canada to have health care.

Old Mexican|12.11.09 @ 3:24PM|#

And the other five?

|12.11.09 @ 3:28PM|#

There are 57 states, you puta.
Obama told me so.

Rainman|12.11.09 @ 3:31PM|#

HUUURRRR DUUUURRR

CRAYON CAN'T NOTICE A JOKE

HUUUURRRR DUUUURRR

|12.11.09 @ 3:42PM|#

I don't understand why you're using capital letters and no punctuation.
Is this some Libertarian in-joke?

|12.12.09 @ 7:56PM|#

Is Crayon related to Harold Waxman?

|12.12.09 @ 8:55PM|#

OMG! I love Ghostbusters!

Old Mexican|12.11.09 @ 3:13PM|#

This means that, on average, for each job created or saved, over 6 jobs were lost.

And of the jobs saved, only one in 6 were private jobs. All bad things come in sixes....

Kevin|12.11.09 @ 3:17PM|#

I don't care how important our lefty friends think public-sector jobs are. More public sector jobs (that require $) and fewer private sector jobs (that provide tax $) create what we call a "snowball effect."

Old Mexican|12.11.09 @ 3:17PM|#

The [new] plan includes a wide-ranging new jobs program focused on infrastructure investment, small-business initiatives, and aid to state and local governments.

Sound familiar? It should, because this new plan is nothing more than a repeat of the first job creation program—the so-called stimulus plan—signed into law by the administration back in February.

Hey, it's like Police Academy 2 - why stop at only making one when you can have a second just as good?

Alan Vanneman|12.11.09 @ 3:18PM|#

This means that, on average, for each job created or saved, Veronique has written this article 400 times! At least the stimulus has been good for Veronique!

|12.11.09 @ 3:20PM|#

DUUURP HURRRPP
IF YOU HAVE NO JOB YOU HAVE NO FOOD
INVISIBLE HAND BITCHSLAP LOLOLOL
DERP DI DUUUUURPPP

Old Mexican|12.11.09 @ 3:23PM|#

The job losses are the diorect result of government intervention, pinche joto.

|12.11.09 @ 3:27PM|#

HUUURPI DUUUURPI
POOR PEOPLE ARE LAZY AND STUPID
LET THEM DIE AND WE'LL BE IN LIBERTOPIA
HURRR HUUUUUUR DERP

http://photos.imageevent.com/b.....r-derp.jpg

Old Mexican|12.11.09 @ 3:28PM|#

Hey, jotito - The job losses were a direct result of government intervention.

Rainman|12.11.09 @ 3:30PM|#

HUUUURRR DUUURRRR

I CAN COUNT CARDS

HUUURRR DUUUURRR DERP!

Dan, Computin' Chemist|12.11.09 @ 3:51PM|#

Pardon me, but I don't understand how libertarianism implies leaving the poor to die. Could you please explain?

|12.11.09 @ 3:53PM|#

No jobs, no money, no food, you die.
YOU DIE, MR. BOND, YOU DIE!

Old Mexican|12.11.09 @ 3:57PM|#

You did not answer Dan's question, crayon - you just flew off a tangent.

|12.11.09 @ 4:10PM|#

No government help, a bunch of selfish Randroids in charge, no jobs, no salary equals no money equals starvation.

What don't you understand about it, you fucking spic?

See here, unlike in Huarez, we don't steal and kill each other like animals.

But if that's what you want, so move back to Spicixo and observe the greatness of the invisible pimp hand.

Old Mexican|12.11.09 @ 4:20PM|#

Crayon,

Your repartee is wearing thin. Who said anything about libertarians being "Randians"? Who said "Randians" would leave people to starve?

For that matter, who said a libertarian society would NOT have full employment? You're begging the question.

|12.11.09 @ 4:35PM|#

No capitalist system in history has ever employed its full population.

HeadTater|12.11.09 @ 5:01PM|#

The same can be said of all socialist systems. The People's Republic of China has an unemployment rate of 9%.

Besides, there is nothing in libertarian ideology against voluntary charity. In fact, it is encouraged as a more effective way than government welfare to fight poverty.

Old Mexican|12.11.09 @ 5:14PM|#

I said a libertarian socienty, Crayon, not a capitalist one (which historically has meant a semi-socialist chimera.)

And all socialist societies in history have had very BAD records when it comes to full employment, except maybe Cambodia, with its slave camps...

|12.11.09 @ 6:07PM|#

Please give me an example of a libertarian society.

JohnD|12.12.09 @ 8:46AM|#

So you are extolling the joys of communism and/or socialism?

Fool.

|12.12.09 @ 7:39PM|#

"Old Mexican,
For that matter, who said a libertarian society would NOT have full employment?"

Could you please give me an example of a libertarian society and its employment figures?

|12.12.09 @ 9:01AM|#

I'm sorry, those "selfish randtoids" to which you are referring - you must be referring to those actually in charge and those actually responsible for taking hundreds of billions of dollars out of Americans pockets and funneling them to their Wallstreet, too big to fail friends and putting millions of Americans out of work. You must be referring to those pushing for more taxation on the most basic needs of working class Americans and making their lives and livelihoods even more difficult and tenuous. That's the only way I can begin to decipher what you are trying to say.

Ratko|12.12.09 @ 5:59PM|#

While it comes as no surprise, given the fact it is hate and bigotry that is the common thread that unites the various groups that make up the New Left, it would be inconsiderate of me to not let you know your slip is showing.

Probably should tuck it back in, being a despicable piece of useless racist filth is one thing, letting it show in public is another.

Best take a good look around you, kid, those who escaped the living hell of what you're helping to install here didn't die out with Rand, we're everywhere, entire communities of us. The lie you suck up and ask for seconds of, is one we'll never accept.

If you sincerely believe, if you are one of the faithful, go where it's being done, prove you mean it. Simple enough, but you don't have that much faith, right. You just talk a lot of crap, very immature.

Old Mexican, personally I don't know the man, but he has a head on his shoulders, that puts him many miles ahead of you in this world. Jacking your racist lip in his direction does nothing to make you look like more by making him less, it just makes you look like even less. ¿A poco crees que era tu chingada madre? Bah, chiquill, me cago en tu puta madre.

|12.12.09 @ 7:40PM|#

I'm sorry, I don't speak maid.

|12.14.09 @ 3:05PM|#

Can you tell me where does the government get the resources to 'help'?

A related question, why does quality of life and prosperity decline the more a government 'helps'?

Dan, Computin' Chemist|12.11.09 @ 9:13PM|#

I'm sorry if I'm being obtuse, but it seems like you're saying that, if we took a libertarian approach to recession, then there would be no jobs (or no additional jobs created)? I think that's why I'm confused. I mean, maybe there would be *less* jobs created than government stimulus, but it seems like *no* jobs is hyperbole?

Ratko|12.12.09 @ 6:56PM|#

If a true libertarian approach were taken prior to the recession it unlikely there'd be a recession worthy an approach. This is purely hypothetical, of course, so about as useful to some chemists as would be a large three necked reaction vessel full of hyperbole.

Computin' chemist sounds like interesting work. Does it involve something like using MDL Chime to display molecular models, or is it more along the lines of Matlab and full blown chemical engineering?

The Libertarian Guy|12.12.09 @ 12:59AM|#

Because only government can fix things, provide jobs, and feed people... right, crayon?

My God, you are about fuckin' stoopid.

Dan, Computin' Chemist|12.12.09 @ 3:18PM|#

I'm astounded that someone would believe that only government could fix, provide, and feed, and yet it seems like some people believe exactly that!

|12.12.09 @ 3:33PM|#

I'm astounded that someone would believe that only the private sector could fix, provide, and feed, and yet it seems like some people believe exactly that!

Ratko|12.12.09 @ 9:02PM|#

Well, crayon, it's like this. There was nothing for your people to come along and screw up until the private sector had built it to begin with.

It's just baffling to try even imagine how you became so messed up that you or anyone else who puts out nothing of value could feel entitled to having anything provided to you. You're all just very fortunate those of us who produce have managed still find incentive to do so despite your interference and siphoning off of profits. When we are gone or no longer see a reason to produce you are left without a host to feed off. For people who no longer possess ability to provide for themselves, it doesn't take rocket science to know you will not fair well.

In the old Soviet Union workers used to say "They pretend to pay us, we pretend to work." Surely with an ego like yours you will enjoy standing in line for a little moldy bread.

Your system has proven repeatedly that once in place it's a downward spiral that even legions of imprisoned forced laborers can't turn around. Yet people like yourself are so incredibly dull witted you will still sing it praises.

BTW my 'understatement' comment was in reply Libertarian Guy, not sure why it appeared below yours. Your comment would be impossible for me to agree with.

|12.12.09 @ 10:59PM|#

Well, if you don't like it here, you're free to leave.

We won't miss your bloated and narcissistic egocentric presence.

The fact that you think you're so important and actually contribute to society is just laughable and pathetic.

Go Galt, please.

Move to a ditch in Colorado, go on a tax strike, do whatever it is you think will be the downfall of our "Socialist" society.

Nobody will miss you, nobody will care, and nothing of value will be lost.

Ratko|12.12.09 @ 7:02PM|#

If making an understatement was a crime you'd be on your way to prison after that doozie.

|12.12.09 @ 7:44PM|#

Remember, labratarians.
Freedumb isn't free.

|12.16.09 @ 1:32PM|#

I try to imagine how it would be to be this cerebrally challenged and not know it.

|12.11.09 @ 3:47PM|#

LOL

Johnny Longtorso|12.11.09 @ 3:26PM|#

Which article is more offensive?

http://www.financialpost.com/story.html?id=2314438

http://www.nationalpost.com/arts/story.html?id=2330688

|12.11.09 @ 3:29PM|#

The Nickelback one.
It made me sick.

Johnny Longtorso|12.11.09 @ 3:30PM|#

The upside of forced abortions is fewer human beings subjected to Nickeback?

|12.11.09 @ 3:40PM|#

The living envy the dead when Nickelback is on the radio.

Dethklok|12.12.09 @ 1:01AM|#

Nickelback? That ain't metal.

The Art-P.O.G.|12.11.09 @ 3:45PM|#

I'm pretty sure reading both of those articles (especially read in succession) are the journalistic equivalent of a hate crime. Although I did enjoy this part of the Nickelback one.

Despite a distinct lack of critical acclaim, the rock band formed in Hanna, Alta., has sold more than 30 million albums worldwide.

Oftentimes, the critics know what they're talking about.

|12.11.09 @ 3:48PM|#

There's a link, though.
Nickelback's encouraged more women to have abortions than any Chinese government policy.

|12.11.09 @ 4:17PM|#

Ah, Malthusian nonsense always rears its ugly head.

From the Financial Post comments:

Francis is right. Stick your heads in the sand all you like but population growth is the elephant in the room at Copenhagen. By 2050 farmland will have to double in area to feed the hungry mouths. Potable water is already a huge problem and we have eaten most of the fish in the sea. How are we going to get our emissions below 1990 levels and keep them there in face of a growing population? We'll all be sitting around under blankets, in the dark singing Koom Ba Yah, I guess.

Kolohe|12.12.09 @ 2:13AM|#

with Chad Kroeger leading the chorus

Old Mexican|12.11.09 @ 3:29PM|#

In other news, Obama sure knows how to be grateful:

"Nobel peace prize: Norwegians incensed over Barack Obama's snubs"

http://www.guardian.co.uk/worl.....prize-snub

Old Mexican|12.11.09 @ 3:36PM|#

Barack Obama Ensures a Long Depression.

http://mises.org/daily/3907

Political success, as reflected in the recent gubernatorial races appears ever-more staked on the state of the economy. Official unemployment recently measured 10 percent, though the more-honest gauge (U-6) shows the nation running unemployment at a Depression-like 17.2 percent.

In response to high unemployment numbers, Barack Obama has said, "I will not rest until all Americans who want to work can." Yet Mr. Obama's policies belie his words. In fact, what his administration is doing will ensure massive unemployment and endless economic stagnation.

To understand why I make such a sweeping assertion, it is necessary to comprehend how our economy ended up in this predicament in the first place. For this, I must give a cursory explanation of the Austrian theory of the business cycle.

The interest rate is a price signal, no different from the price tag on any good. In a free market (which the United States most certainly does not have), the interest rate is determined by the supply of and demand for capital. Individuals choose to consume or invest, and this dictates the amount of loanable funds, which businesses will use to undertake projects to bring goods to market for future consumption.

However, when a central bank like the Federal Reserve prints money, artificially lowering the interest rate and expanding the loanable pool of funds, producers are left with a false price signal. The interest rate will tell producers that consumers want them to undertake long-term projects to bring goods to market. This artificially lowered rate will also induce consumers to save less and spend and borrow more.

The conflicting actions of consumers and producers in response to the government-distorted price signal of the interest rate cause the mass misallocation of resources. This leads to the bust manifested, for example, in the empty houses and office buildings throughout the country.

Logically, one might think that the best way to fix this mess would be to liquidate the malinvestments of businesses, pay down our debts and start fresh; in other words, allow for the market to correct the imbalances and distortions created during the artificial boom.

But the enlightened Barack Obama and his team of trusty economic advisers, along with the ever-compliant Messrs Bernanke and Geithner, have other ideas. Practically every single policy they have enacted is intended to stop the market from clearing out the wastes and excesses of the boom.

In other words, printing money and giving it away does not create prosperity, or jobs.

|12.11.09 @ 3:52PM|#

No, Hoovervilles and dustbowl migration is the only way to ensure prosperity.

The cleansing steel bath of economic freedumb will weed out the weak.

As for crime caused by poverty, well:

The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.

Old Mexican|12.11.09 @ 3:55PM|#

Uh, crayon, why these non sequiturs? What does Dust Bowls and Hoovervilles have to do with anything?

Who mentioned anything about crime being caused by poverty? That's nonsense.

|12.11.09 @ 4:12PM|#

Old Mexican, you really are an idiot, aren't you?

Old Mexican|12.11.09 @ 4:17PM|#

Gee, you answer a valid question with an insult . . .

What was I thinking, trying to argue with a lefty?

Note to myself: "They" "Think" "Like" "Children."

There.

|12.11.09 @ 4:34PM|#

Just because you come from a society where stealing food is OK, doesn't mean that we, who are not spics, have to accept that type of behavior.

Warty|12.11.09 @ 4:38PM|#

Ok, you're clearly a regular. Suspect #1: The Angry Optimist.

|12.11.09 @ 4:43PM|#

Old Mexican steals food because he thinks it's fun.
Other people only steal food when they are poor and have no other choice.

Old Mexican|12.11.09 @ 5:16PM|#

Which society is that, Crayon? I have never acted like a lefty - I mean, stole food.

The Libertarian Guy|12.12.09 @ 12:53PM|#

Racist!

The Libertarian Guy|12.12.09 @ 12:55PM|#

"Just because you come from a society where stealing food is OK, doesn't mean that we, who are not spics, have to accept that type of behavior"

THAT, not OM's post. Damn thread squirrels.

The Libertarian Guy|12.12.09 @ 1:02AM|#

crayon is one of those retarded liberals who compare anyone who isn't liberal to hicks - then say "but we're not elitists".

JoshIbHB|12.11.09 @ 6:02PM|#

They'll be called Obamavilles soon.

|12.14.09 @ 3:08PM|#

Well that's exactly what Obama is creating.

|12.11.09 @ 3:43PM|#

And that's why, my friends, we should cut military spending.
The government is the problem, not the solution.

pmains|12.12.09 @ 5:26PM|#

Mmm ... misplaced sarcasm. You're confusing libertarians with conservatives. Bad crayon! Libertarians do favor reduced military spending!

|12.12.09 @ 6:17PM|#

Depends. There are the 'right-leaning' libertarians who support military spending. Neal Boortz comes to mind. There's a guy on here named Eric Dondero whose blog advocates the same. They are examples of whom crayon was referring to.

However, I'm with you.

|12.12.09 @ 7:58PM|#

Libertarians are just closeted Republicans.

|12.14.09 @ 3:09PM|#

Then why did they hate Bush and Bush 2 so well?

Xeones|12.11.09 @ 3:50PM|#

I gotta say i agree with crayon on this one.

EscapedWestOfTheBigMuddy|12.11.09 @ 3:50PM|#

Wait.

What was that definition of insanity, again?

Warty|12.11.09 @ 3:57PM|#

Nickeback shreds!!!!!

|12.11.09 @ 4:20PM|#

Nickelback: 'Band of the decade', according to Billboard

And people wonder why I don't believe in a benevolent deity.

Xeones|12.11.09 @ 4:39PM|#

What about evil deities? I could see you as a Chernobog worshipper.

Untermensch|12.11.09 @ 5:02PM|#

Ialtabaoth should get his vote. Then he could believe in all sorts of evil Archons too.

|12.11.09 @ 4:40PM|#

"There is no Devil, only God when he's drunk."

Pingback| 12.11.09 @ 4:52PM

Twitter Trackbacks for Did the Stimulus Create Jobs? - Reason Magazine [reason.com] links to this page. Here’s an excerpt:

…for your WordPress blog. Topsy Plugin – WordPress 2 Shortened Links Linking to the reason.com page http://tinyurl.com/y8hybq2 http://bit.ly/4wRFdP info 2 tweet retweet Did the Stimulus Create Jobs? - Reason Magazine reason.com/archives/2009/12/11/did-the-stimulus-create-jobs – view page – cached The government's own job creation data reveal the dangers of a second stimulus 2 All 0…

|12.11.09 @ 5:45PM|#

In DC, this will be taken as proof that the stimulus was only 1/6th as big as it should have been.

Brian Trust|12.12.09 @ 6:52AM|#

"Since February, the economy has shed 3,179,328 jobs while the Administration claims to have “created or saved” 638,825 jobs. This means that, on average, for each job created or saved, over 6 jobs were lost."

That should more accurately read 'almost 5 jobs were lost,' since the larger number is divisible by the smaller number only 4.9 times. Not that that makes the 'stimulus' a good idea or anything...

Sean W. Malone|12.12.09 @ 6:58AM|#

Does anyone else find this to be a really bad point to make, since it concedes the initially horrendous premise that the government had anything to do with jobs "saved or created" or that number can even be calculated?

Don't accept the premise - ATTACK the premise, all the time. It's retarded, and only bad logic flows from it.

Pingback| 12.12.09 @ 11:10AM

Did the Stimulus Create Jobs? – Reason Magazine | All About The World links to this page. Here’s an excerpt:

…City News Tribune) Robbie Williams: Planning to tour | Mega Music News The government’s own job creation data reveal the dangers of a second stimulus. Continued here: Did the Stimulus Create Jobs? – Reason Magazine Where the Jobs Will Be, Eventually-Minyanville GOP: Copenhagen could 'destroy millions of American jobs … Top 10 Jobs Players Had Before Becoming Footballers – Goal.…

Pingback| 12.12.09 @ 11:26AM

Did the Stimulus Create Jobs? - Reason Magazine Private Me links to this page. Here’s an excerpt:

…rather than in the public sector. This means that on average, the number of private jobs lost for every private job created is far greater than 6. … Read the original here: Did the Stimulus Create Jobs? - Reason Magazine By admin | category: private magazine | tags: far-greater, forward-on-stalled, means, private magazine, sector-rather, the-job, week, words | Commentary » Blog Archive » Flotsam and…

Pingback| 12.12.09 @ 12:06PM

Did the Stimulus Create Jobs? – Reason Magazine | ceshi links to this page. Here’s an excerpt:

…» Did the Stimulus Create Jobs? – Reason Magazine Description The government’s own job creation data reveal the dangers of a second stimulus. See original here: Did the Stimulus Create Jobs? – Reason Magazine Share and Enjoy: Tags: a-second-stimulus, bill, copenhagen, creation-data, muscle-over, nbc, obama, over-the-next, players, second-stimulus, the-midfielder, wsj Stats: Email…

The Libertarian Guy|12.12.09 @ 12:56PM|#

Anyone who uses the non-word "freedumb" must surely hate the concept of freedom itself.

Typical RepubliCrat.

Pingback| 12.12.09 @ 1:53PM

Did the Stimulus Create Jobs? – Reason Magazine links to this page. Here’s an excerpt:

Cine Portal Jobs news Did the Stimulus Create Jobs? – Reason Magazine The government’s own job creation data reveal the dangers of a second stimulus. Original post: Did the Stimulus Create Jobs? – Reason Magazine Related Posts PR Research Careers–And Actual Jobs Work from Home Internet jobs available. Work Part time. Student … Gorman: Director jobs won't impact budget –…

Pingback| 12.12.09 @ 2:40PM

Instapundit » Blog Archive » VERONIQUE DE RUGY: Did the Stimulus Create Jobs? The gov links to this page. Here’s an excerpt:

…DON’T SAY: Looming Population Crisis Forces China To Revisit One-Child Policy. “Last year, peo… December 12, 2009 VERONIQUE DE RUGY: Did the Stimulus Create Jobs? The government’s own job creation data reveal the dangers of a second stimulus. Posted at by Glenn Reynolds at 2:39 pm if (WIDGETBOX) WIDGETBOX.renderWidget('c6738f00-977c-48fd-98da-0afe24da2ee8'); Get the Pajamas TV - V2.0…

Optimus Primed|12.12.09 @ 2:55PM|#

"Last week the White House held a jobs summit with academics and lawmakers to come up with a strategy for job creation."

We are ok, the academics are on it....That single sentence is much more disturbing to me than any 2nd/3rd/4th/5th stimulus.

|12.12.09 @ 3:22PM|#

Today I read an anlysis done by AP News which stated that they extensively audited the ClimateGate "stolen' emails and stated that basically no science was faked.

I am wondering if the AP service can be trusted to be an independent and unbiased news agency, this being the News Agency that devoted 11 reporters to slice and dice Palin's new book, while assigning one to review Obama's and Kennedy's tomes.

Any honest insight would be appreciated.

Pingback| 12.12.09 @ 5:44PM

In 48 States, More Jobs Were Lost Than “Created or Saved” | 73 Wire links to this page. Here’s an excerpt:

…occurred in the private sector rather than in the public sector. This means that on average, the number of private jobs lost for every private job created is far greater than 6. Sources: Say Anything, Reason Brandon Kiser Brandon Kiser is a teenage conservative contributor and editor at 73wire.com. He can be found at facebook.com/kiser as well as twitter.com/brandonkiser . Leave a Reply Click here to cancel…

Pingback| 12.13.09 @ 7:50AM

Did the Stimulus Create Jobs? – Reason Magazine « Labeled A Domestic Terrorist links to this page. Here’s an excerpt:

…row deepens – and Russians admit they DID send them | Mail Online Did the Stimulus Create Jobs? – Reason Magazine December 13, 2009 · Leave a Comment Did the Stimulus Create Jobs? – Reason Magazine Posted using ShareThis Categories: Uncategorized 0 responses so far ↓ There are no comments yet...Kick things off by filling out the form below. Leave a Comment Click here to…

Pingback| 12.13.09 @ 5:10PM

GayPatriot » Is Obama Really Moving to the Center? links to this page. Here’s an excerpt:

…may not have created the jobs that he and his team promised it would, he has proposed yet another such program, spending even more taxpayer money (as well as that of their descendants) on “ infrastructure investment ” and “aid to state and local governments.” Doesn’t sound like a move to the center. Sounds more like standing firm on the left. The president could show that he is…

Pingback| 12.14.09 @ 4:12AM

Mortgage Debt Settlement – Highly Unlikely? | Best Loans | Mortgage Finance Wisdom links to this page. Here’s an excerpt:

…Highly Unlikely? | Best Loans Related Blogs on Lost Jobs forgotston.com » Jobs created and saved = jobs lost Immigration Reform Is Good for Economic Recovery « Myvisausa's Blog Did the Stimulus Create Jobs? – Reason Magazine Related Posts Top 5 Debt Consolidation Companies in Vermont | Fair Loan Rate! Loans, Secured Loans, Debt Consolidation, Mortgage,Remortgage … Your Credit Record and Debt…

Pingback| 12.15.09 @ 4:49PM

Job Loss Dominates Job Creation links to this page. Here’s an excerpt:

…to have created. Furthermore, de Rugy finds recurring error in job creation reports, suggesting that the Administration’s jobs claims may be upwardly biased. See more in Veronique’s column in Reason Magazine. View comments Comments Share var addthis_options = 'facebook, twitter, digg, buzz, delicious, reddit, stumbleupon, friendfeed, google, linkedin, yahoobkm, technorati, wordpress,…

Trackback| 1.3.10 @ 11:00AM

best personal finance book, on best personal finance book, links to this page. Here’s an excerpt:

It can be hard to choose the right book. I personally bought like 10 and read them all....

Pingback| 2.17.10 @ 12:01PM

It worked: Stimulus added 1.6 million jobs! - Page 3 - Christian Forums links to this page. Here’s an excerpt:

…would be contained and jobs would be created immediately. The chart below illustrates how well, or not, that job creation program has worked so far. End Quote. Link: http://reason.com/archives/2009/12/11/did-the-stimulus-create-jobs The chart is interesting, and as the article states used data from both the Bureau of Labor Statistics and the Administrations own Recovery dot Gov website. It compares the…

Pingback| 2.17.10 @ 4:10PM

» The Recession’s Fat Cats: Public Employees - Big Government links to this page. Here’s an excerpt:

…total unemployment which has occurred in the past year. In contrast, job losses in the non-agricultural private sector have accounted for 81.3% of the total increase in unemployment. By the way, public-sector employees are also the ones benefiting from the stimulus funding, not the private-sector employees. The job-creation data reveals that most of the jobs were “created or saved” in the public sector. Based…

Pingback| 2.17.10 @ 7:45PM

Hot Air » Blog Archive » Stimulus anniversary timeline: A year on the road to nowhere links to this page. Here’s an excerpt:

…been continually surprised as unemployment rose “unexpectedly.” Others will tell you that the stimulus at best “saved” jobs, but did not “create” them. The Congressional Budget Office will tell you that “it is impossible to determine how many of the reported jobs would have existed in the absence of the stimulus package.” And when you look at those competing views, you…

Pingback| 2.18.10 @ 4:25AM

The Recessions Fat Cats: Public Employees links to this page. Here’s an excerpt:

…total unemployment which has occurred in the past year. In contrast, job losses in the non-agricultural private sector have accounted for 81.3% of the total increase in unemployment. By the way, public-sector employees are also the ones benefiting from the stimulus funding, not the private-sector employees. The job-creation data reveals that most of the jobs were created or saved in the public sector. Based…

Pingback| 2.18.10 @ 9:54PM

Stimulus anniversary timeline: A year on the road to nowhere »• for •, >> and » » Co links to this page. Here’s an excerpt:

…search firms, perhaps those who have been continually surprised as unemployment rose “unexpectedly.” Others will tell you that the stimulus at best “saved” jobs, but did not “create” them. The Congressional Budget Office will tell you that “it is impossible to determine how many of the reported jobs would have existed in the absence of the stimulus package.” And when you look at those competing views, you will…

Pingback| 4.14.10 @ 1:28AM

Snark ‘o the Day | Dueling Barstools links to this page. Here’s an excerpt:

…jobs” (or actually, the most recent president to vow to focus on “job, jobs, jobs”) is unable to show any growth in employment. What does President Obama have to do? He spends hundreds of billions of dollars on makework projects. He orders companies to pay their interns. He begs banks to start lending again. He turns everything from government contracting to student loans into a…

Pingback| 4.18.10 @ 7:13AM

Small Businesses Not Doing Their Fair Share for the Jobs Recovery, Because They Hate links to this page. Here’s an excerpt:

…jobs” (or actually, the most recent president to vow to focus on “job, jobs, jobs”) is unable to show any growth in employment. What does President Obama have to do? He spends hundreds of billions of dollars on makework projects. He orders companies to pay their interns. He begs banks to start lending again. He turns everything from government contracting to student loans into a jobs-creation…

abercrombie milano|5.27.10 @ 4:37AM|#

My only point is that if you take the Bible straight, as I'm sure many of Reasons readers do, you will see a lot of the Old Testament stuff as absolutely insane. Even some cursory knowledge of Hebrew and doing some mathematics and logic will tell you that you really won't get the full deal by just doing regular skill english reading for those books. In other words, there's more to the books of the Bible than most will ever grasp. I'm not concerned that Mr. Crumb will go to hell or anything crazy like that! It's just that he, like many types of religionists, seems to take it literally, take it straight...the Bible's books were not written by straight laced divinity students in 3 piece suits who white wash religious beliefs as if God made them with clothes on...

prices nike|9.2.10 @ 2:56AM|#

I have been very pleased taking pictures in low light settings using the auto mode.

walter slavin|9.18.10 @ 11:15PM|#

Finding a job online can be difficult. Check out this link if you'd like to make it easier!
Job On Line

|1.2.11 @ 7:19AM|#

fdstan

Psicologi brescia|1.2.11 @ 7:25AM|#

we should cut military expenses

Mollie Avila|1.9.11 @ 9:08AM|#

Informative details .If you want some advice on How To Attract Women

nike shox|8.11.11 @ 4:16AM|#

is good