Tuesday, November 17, 2009

From the Washington Examiner: Our new 'Bogus Stimulus Map'


75,343 Bogus jobs 'created or saved' by the Stimulus
By:
David Freddoso and Mark Hemingway Washington Examiner


More than ten percent of the jobs the Obama administration has claimed were "created or saved" by the $787 billion stimulus package are doubtful or imaginary, according to reports compiled from eleven major newspapers and the Associated Press.

Based only on our analysis of stimulus media coverage in the last two weeks, The Examiner has created this interactive map to document exaggerated stimulus claims. The map, which will be updated as new revelations appear, currently reflects an exaggeration by the Obama administration of about 75,000 jobs, out of the 640,000 jobs supposedly "created or saved."
The map reflects reports from The Wall Street Journal, The Boston Globe, the Sacramento Bee, The New York Times, USA Today, the Las Vegas Sun, the Detroit Free Press, the New York Post, the Milwaukee Journal-Sentinel, the Associated Press, the Chicago Tribune, and the Atlanta Journal-Constitution. It remains a work in progress because relatively few newspapers have scrutinized stimulus spending so far.

The Obama administration has claimed that the $787 billion economic stimulus package "saved or created" some 650,000 jobs. But almost as soon as the White House trotted out this figure, news organizations found huge exaggerations in the reported data. Many of the jobs reportedly created do not exist or cannot be accounted for.

UPDATE: Today's report from ABC News tells us that prior to releasing its jobs report, the administration cut out 60,000 additional jobs from unreliable reports, none of which appear to overlap with the ones we've highlighted here. Had those jobs been included in the original count, the number of jobs "created or saved" by the stimulus would have exceeded 700,000, and the number of imaginary or doubtful jobs would have approached 20 percent.


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