Shocked To Find Stimulus Jobs Overstated

Yet another “shocked to find gambling in Casablanca” moment. This time, the AP — yes the AP! — checked claims of jobs “created or saved” by stimulus bill spending, and found that the number of jobs was overstated by a factor of 1 in 6:

But the 30,000 figure is overstated by thousands — at the very least by nearly 5,000, or one in six, based on AP’s limited review of some of the contracts — because some federal agencies and recipients of the money provided incorrect job counts. The review found some counts were more than 10 times as high as the actual number of jobs; some jobs were credited to stimulus spending when, in fact, none were produced.

Maybe they confused jobs with “job equivalents.”

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Shocked To Find Lobbying In Obama Administration (Part 2)
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Tags: Stimulus Plan

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