Obama admin job creation - $160,000 Per Stimulus Job? (Fasten your seat belt America)
Posting its results late this afternoon at Recovery.gov, the White House claimed 640,329 jobs have been created or saved because of the $159 billion in stimulus funds allocated as of Sept. 30.
Officials acknowledged the numbers were not exact, saying that states and localities that reported the numbers have made mistakes.
In recent days, the Recovery Act board has been reviewing all the numbers, with many inaccurate ones having been posted. California’s San Joaquin Regional Rail Commission received $5 million in stimulus funds to hire workers to build addition train track for the Union Pacific Railroad in an economically tarnished spot of the Golden State.
Brian Schmidt, director of planning and programming for the commission said that his staff originally reported to the Obama administration that the stimulus money saved 250 jobs. Then, realizing they had mistakenly double credited, they later changed that to 125 jobs. Tuesday, they updated it again to 74 jobs.
Ed DeSeve, senior advisor to the president for Recovery Act implementation, said he’d been “scrubbing” the job estimates so much since they came it at the beginning of the month that he now has “dishpan hands and my fingers are worn to the nub.”
Read the whole story at ABC News
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