Tired Of Being Mocked For The “Created Or Saved” Metric Obama Changes Way Stimulus Jobs Are Counted
And it’s about time. Because “jobs created or saved” was so stupid even Obama’s most strident apologists were having problems swallowing it.
Though the metric the Obama administration is replacing “jobs created or saved” with is hardly an improvement.
The Obama administration has taken some heat and mockery for using the nebulous and non-economic term of jobs being “saved or created” by the $787 billion stimulus program.
So it’s gotten rid of it.
In a little-noticed December 18, 2009 memo from Office of Management and Budget director Peter Orszag the Obama administration is changing the way stimulus jobs are counted.
The memo, first noted by ProPublica, says that those receiving stimulus funds no longer have to say whether a job has been saved or created.
“Instead, recipients will more easily and objectively report on jobs funded with Recovery Act dollars,” Orszag wrote.
In other words, if the project is being funded with stimulus dollars – even if the person worked at that company or organization before and will work the same place afterwards – that’s a stimulus job.
So if your local fire department, which might employ 50 people, gets some “stimulus” money then those 50 jobs which were never in danger of going away are now “stimulus” jobs that Obama can take credit for.
What a joke.
If they were being honest they would add into the calculus a metric for all the jobs lost and not created thanks to run-away deficit spending and the resulting