The government has overstated by thousands the number of jobs it has created or saved with federal contracts under the president's $787 billion recovery program, according to an Associated Press review of data released in the program's first progress report.
The discrepancy raises questions about the reliability of a key benchmark the administration uses to gauge the success of the stimulus.
... The AP's review, which was not an exhaustive accounting of all 9,000 contracts reported by the government so far, homed in on the most obvious cases of jobs wrongly tied to the stimulus because of duplications or misinterpretations of how the jobs should be counted.
While the thousands of overstated jobs represent a tiny sliver of the overall economy, they represent a significant percentage of the initial employment count credited to the stimulus program.
... The AP's review identified nearly 600 contracts claiming stimulus money for more than 2,700 jobs that appear to have similar duplicated counts.
THE WASTE AIN'T JUST LIMITED TO THE SO-CALLED STIMULUS, EITHER:
- THE CASH FOR CLUNKERS PROGRAM EFFECTIVELY SHELLED OUT $24,000 FOR EACH CAR WHICH WAS SOLD BECAUSE OF THE PLAN.
- A NEW FEDERALLY NDER-WRITTEN PROJECT ION TEXAS WILL GENEATE 30 PERMANENT JOBS AND 300 TEMPORARY IONES - AT A COST OF $4,545,455 PER JOB.
$4,545,455 PER JOB!?!?!?!?!??!?!?!
THE WHOLE OBAMADOGGLE COST US A TRILLION BUCKS - ALL OF IT WASTED.
ALL IT REALLY DOES IS MAKE THE POLITICIANS MORE POWERFUL AND THEIR COMRADES RICHER.