Obama’s Stimulus

The Efficiency & Effectiveness

TIM CAVANAUGH ON HOLLYWOOD’S STIMULUS: Why $23 million creates just 21 jobs. – via Instapundit

GayPatriot: Hey, Ma’am, where are the jobs? Twice as many Californians lost jobs in one week in October than put to work in nine months by the “stimulus”.

Instapundit: 7 Months After Stimulus 49 of 50 States Have Lost Jobs. What’s shocking is that even Washington, D.C. has lost jobs. How can that be?

The Accountability

More jobs saved than exist

Associated Press:

WASHINGTON — President Barack Obama’s economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there.

Chicago Tribune: Illinois data on stimulus-related jobs saved, created don’t add up

ASSOCIATED PRESS: STIMULUS WATCH: Salary raise counted as saved job.

BLOOMBERG: ‘Jobs Created or Saved’ Is White House Fantasy: Caroline Baum.

Boston Globe – Stimulus job boost in state exaggerated, review finds:

“While Massachusetts recipients of federal stimulus money collectively report 12,374 jobs saved or created, a Globe review shows that number is wildly exaggerated. Organizations that received stimulus money miscounted jobs, filed erroneous figures, or claimed jobs for work that has not yet started.”

Washington Times: Recovery.gov shows money flowing to nonexistent Congressional districts.

“Recovery.gov also shows 2,893.9 jobs created with $194,537,372 in stimulus funding in New Hampshire’s 00 congressional district. But, there is no such thing. The site also shows $1,471,518 going to New Hampshire’s 6th congressional district, $1,033,809 to the 4th congressional district and $124,774 to the 27th congressional district. In fact, New Hampshire only has two congressional districts; inviting confusion about where the money listed for the 00, 4th, 6th and 27th districts is going.”

Reason: That Stimulus is So Freaking Awesome it Has Created or Saved Jobs in Congressional Districts That Don’t Even Exist!

Note 2 Self, the countless non-existent districts

The End Results?

Via Instapundit

August 22, 2009

MARK STEYN: Stimulus Hits A Pothole. “Meanwhile, in Brazil, India, China, Japan and much of Continental Europe the recession has ended. In the second quarter this year, both the French and German economies grew by 0.3 percent, while the U.S. economy shrank by 1 percent. How can that be? Unlike America, France and Germany had no government stimulus worth speaking of, the Germans declining to go the Obama route on the quaint grounds that they couldn’t afford it. . . . And yet their recession has gone away. Of the world’s biggest economies, only the U.S., Britain and Italy are still contracting. All three are big stimulators, though Gordon Brown and Silvio Berlusconi can’t compete with Obama’s $800 billion porkapalooza. The president has borrowed more money to spend to less effect than anybody on the planet.”

Paul Krugman responds … on Germany and France at least.

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