Katherine Mangu-Ward from the February 2010 issue
At the end of October, the White House released figures claiming that money from the $787 billion stimulus package pushed by President Obama had “created or saved” 640,000 jobs. A closer look suggests that the number was inflated dramatically by human error, confusing federal forms, double counting, and dubious assumptions.
In Wisconsin, for example, $7.3 million was allocated to the Parkland Sanitary District for work that will not begin until spring. That money is credited with 100 jobs. The correct figure was five jobs. District treasurer Eric Shaffer filled out the form incorrectly, writing down 50; that number was then counted twice, since the money was part grant and part loan. “We are volunteers, and we made a mistake,” Shaffer told the Milwaukee Journal Sentinel.
Most of the jobs cited by the White House are public school teaching positions. Although states claim teachers would have been laid off if it weren’t for the stimulus money, such jobs are usually among the last to go in a budget crisis.
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.
(310) 367-6109
3415 S. Sepulveda Blvd.
Suite 400
Los Angeles, CA 90034
(310) 391-2245
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.
abercrombie milano|5.27.10 @ 4:21AM|#
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
nfl jerseys|11.4.10 @ 11:48PM|#
besw
nike shox|8.11.11 @ 4:47AM|#
is good
قبلة الوداع|8.22.11 @ 9:32PM|#
THANK U