1.13.2010

Smoke, mirrors, and little cries of joy oooo oooo

WASHINGTON – President Barack Obama is trumpeting a new White House estimate that his top economist calls "stunning": His stimulus plan has already created or saved up to 2 million jobs....

However, the administration's method of counting jobs has been controversial, and starting with fourth-quarter figures, it's adopting a new one — giving up trying to determine if a job has been created or saved, and reporting only that it's funded by the stimulus. The change was ordered quietly last month in a memo to federal agencies.

link: White House credits stimulus with up to 2M jobs - Yahoo! News

Changed the way they count.


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