"Obama again raises his estimate of jobs created under plan; Seeks an injection of optimism amid economic malaise" by Jeff Zeleny and David M. Herszenhorn, New York Times | January 11, 2009
WASHINGTON - One day after reports that the nation's unemployment rate had jumped to a 16-year high, President-elect Barack Obama yesterday again raised the estimate of how many jobs would result from his economic recovery plan, now saying it would create or save 3 million to 4 million, nearly 90 percent in the private sector, by the end of 2010.
Gee-zus, he's AS BAD as BUSH!!!!!
Obama, in a weekly radio and Internet address, sought to inject a positive note into the economic outlook by releasing a report from his economic advisers that broadly estimated the jobs that could be created with his stimulus plan.
What did I just type? Now we have "cheerleader" 'bamer?
The report noted, however, that at least 5 million jobs, and probably many more, will have been lost during the downturn. So even if Obama's most optimistic projections bear out, unemployment in December 2010 will still be higher than it was in December 2007....
Well, he'll just have to raise his figures again, won't he?
The 14-page report, prepared by Christina D. Romer, Obama's pick to lead his Council of Economic Advisers, and Jared Bernstein, an economic adviser to Vice President-elect Joe Biden Jr., was released to provide specific examples for the first time of the types of jobs that could be created. It was intended to counter some criticism that Obama's plan would create new bureaucracies rather than put people to work....
Yeah, that's why I don't want his "stimulus" because THAT is EXACTLY what it will do!!! And he's LIKE BUSH AGAIN!!!
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