Research Briefing

The Real Stimulus Report Card

October 2009

Posted by: Research

Obama Living In Fantasy World With Job Creation While Reality Shows Job Losses Across The Country

WHILE OBAMA CONTINUES TO GIVE HIMSELF, HIS STIMULUS AN ‘A’ FOR JOB CREATION …

Last Week, White House Claimed Federal Contracts From Stimulus Created Or Saved 30,000 Jobs. “Jobs Created Or Saved As Reported By Federal Contract Recipients: 30,833.” (Recovery.gov, Accessed 10/20/09)

  • But Since $787 Billion Stimulus Passed In February, Over 2.6 Million Americans Have Lost Their Jobs. (U.S. Bureau of Labor Statistics, www.bls.gov, Accessed 10/2/09)
  • And Multiple Errors In White House Report Renders Their Job Count Untrustworthy. “Gaffes in federal reports this week about stimulus have called into question the government’s ability to accurately track how many jobs are being created by the massive $787 billion Recovery Act. The data in Thursday’s reports were filled with mistakes, including an error that made it look like a French vaccine maker received the largest stimulus contract, $1.4 billion, when in fact it has gotten an award one-100th the size.” (David Goldman, “On Stimulus Jobs Reporting, A Big ‘Oops,’” CNNMoney.com, 10/16/09)

This Week, White House Claimed Stimulus “Saved Or Created 250,000 Education Jobs.” “The Obama administration said on Monday its economic stimulus had saved or created 250,000 education jobs.” (Caren Bohan, “White House Says Stimulus Saving Education Jobs,” Reuters, 10/19/09)

  • But Since Stimulus Passed In February, Over 150,000 Education Jobs Have Been Lost.  (U.S. Bureau of Labor Statistics, www.bls.gov, Accessed 10/19/09)

TODAY’S STATE JOB LOSS FIGURES CAN ONLY MEAN ONE GRADE FOR OBAMA: ‘F 

Today, BLS Reports Nonfarm Payroll Jobs Decreased In 43 of 50 states. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Arizona Lost 15,350 Jobs In September, Almost 57,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

California Lost 6,381 Jobs In September, Over 483,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Colorado Lost 2,356 Jobs In September, Over 51,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Connecticut Lost 5,184 Jobs In September, Over 24,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Illinois Lost 10,023 Jobs In September, Over 112,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Maryland Lost 3,608 Jobs In September, Over 32,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Massachusetts Lost 8,282 Jobs In September, Over 32, 000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Michigan Lost 13,246 Jobs In September, Over 178,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Nevada Lost 3,474 Jobs In September, Over 47,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

New Hampshire Lost 1,360 Jobs In September, Nearly 15,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

New Jersey Lost 13,915 Jobs In September, Over 54,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

New Mexico Lost 1,403 Jobs In September, Over 20,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

New York Lost 7,779 Jobs In September, About 130,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

Washington Lost 556 Jobs In September, Nearly 20,000 Jobs Since The Stimulus Was Passed. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/21/09)

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