Obama Rama:Stimulus jobs overstated by thousands - Your tax dollars going down the drain -
An early progress report on President Barack Obama’s economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.
For example:
- A company working with the Federal Communications Commission reported that stimulus money paid for 4,231 jobs, when about 1,000 were produced.
- A Georgia community college reported creating 280 jobs with recovery money, but none was created from stimulus spending.
- A Florida child care center said its stimulus money saved 129 jobs but used the money on raises for existing employees.
Read the whole story at MyWay
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