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ABC News Exclusive: Obama Admin Slashed 60,000 Jobs From Recent Stimulus Report

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 12:55 PM
Original message
ABC News Exclusive: Obama Admin Slashed 60,000 Jobs From Recent Stimulus Report
Source: ABC News

Office of Management & Budget Document: 12 Stimulus Recipients Reported 'Unrealistic Job Data'

The Obama administration, under fire for inflating job growth from the $787 billion stimulus plan, slashed over 60,000 jobs from its most recent report on the program because the reporting outlets had submitted "unrealistic data," according to a document obtained by ABC News.

The Office of Management and Budget document shows that before an Oct. 30 progress report on the program the administration asked the Recovery Accountability and Transparency Board to remove information from 12 stimulus recipients that contained "unrealistic data," including "unrealistic job data."

One recipient - Talladega County of Alabama - claimed that 5,000 jobs had been saved or created from only $42,000 in stimulus funds.

"The administration committed from the start to be upfront with the American people about the impact of the Recovery Act. Overall, the recipients provided good information on the impact of the Recovery Act across the country," Rob Nabors, deputy director at OMB, told ABC News Monday. "The test that we used when examining the data for accuracy was, 'Is that reasonable?' When the answer was no, we acted accordingly."

"For instance," Nabors noted, "there is little chance that a $42,000 grant actually created 5,000 jobs, and we did not want that count to be part of the final jobs report. We are continuing to examine data for inconsistencies or errors, whether small or large. Given the unprecedented nature of this reporting effort, these are cautious, responsible steps to ensure that the information provided to the American people is accurate and reliable."

Read more: http://abcnews.go.com/Business/abc-news-exclusive-obama-administration-slashed-60000-jobs/story?id=9095621
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Lagomorph Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 01:48 PM
Response to Original message
1. Whoever came up with...
5000 jobs for $42K should either be in charge of Labor or didn't study economics in college.
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mopinko Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 02:05 PM
Response to Reply #1
2. or math. np
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 04:43 PM
Response to Reply #1
6. Or they just went to Auburn
I kid. I kid. But not really.
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DumpDavisHogg Donating Member (255 posts) Send PM | Profile | Ignore Mon Nov-16-09 02:14 PM
Response to Original message
3. When did Obama "inflate job growth"?
ABC is talking out of its ass again.
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JonQ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 03:04 PM
Response to Original message
4. Just move those 60,000 from the "created" column
to the "saved" column.

Or for that matter just divide the amount of money spent on job creation by the average level of income for a worker in the US and claim that is the number of jobs created.
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ArcticFox Donating Member (654 posts) Send PM | Profile | Ignore Mon Nov-16-09 03:27 PM
Response to Original message
5. Short-term employment
5000 one-hour jobs isn't totally out of the question for $42,000. That's almost $9/hr. Sounds pretty reasonable for Alabama.
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