Keeping Score of Jobs Saved (and Created)
Here is a rundown for those curious about how the pres-o-dent keeps score.
To get you started:
Salary raises counted as saved jobs; 2 out of 3 Head Start jobs overcounted
An Associated Press review of the latest stimulus reports ... found that more than two-thirds of 14,506 jobs credited to the recovery act under spending by just one federal office were overstated because they counted pay increases for existing workers as jobs saved.
The inflated job count is at least partly the product of the administration instructing local community agencies that received money to count the raises as jobs saved...
But officials defended the practice of counting raises as saved jobs. "If I give you a raise, it is going to save a portion of your job," HHS spokesman Luis Rosero said.
Most of the inflated figures were like those cited ... by Southwest Georgia Community Action in Moultrie, Ga. The agency, like hundreds of others collecting Head Start money, claimed all its existing employees' jobs were saved because they received a pay raise with the stimulus cash...
The agency employs 508 people but claimed 935 jobs were saved.
... director Myrtis Mulkey-Ndawula said she followed the guidelines the Obama administration provided. She said she multiplied the 508 employees by 1.84 — the percentage pay raise they received — and came up with 935 jobs saved. [AP]

2 comments:
You've got to love the math these guys use. It's no wonder our deficit is spiraling out of control and we're getting our butts handed to us by the Chinese.
Who's the sucker, the person with debt spiralling out of control or the person that buys that debt?
But yes I agree with your point. It's almost like these guys have no real world business experience at all, or real world math experience for that matter.
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