New Fox News Analysis Piece: What Obama's Not Going to Tell You About Jobs
The major focus of President Obama’s State of the Union address tonight is expected to be on jobs. But as he pushes for more of the same solutions to get folks back to work maybe we should ask how well his policies have been working out after his first year in office. The White House recently announced that during the president’s first year between 1.5 to 2 million jobs were “saved or created” by the stimulus. When the December unemployment numbers were released, Christina Romer, President Obama's chairwoman of the Council of Economic Advisers, pointed out that while jobs were still being lost, the rate of loss had slowed dramatically. "In the first quarter of 2009, when we first came in, we were losing on average 691,000 jobs per month. With these new numbers in the fourth quarter, we were losing 69,000 jobs," Ms. Romer claimed. . . .
I think that the data that this piece provides is pretty damning. Please read.
The Obama administration has changed how it is counting jobs helped by the stimulus. The strange thing is that they dramatically change how the jobs will be counted, but the totals seem to remain unchanged.
Peter Orzsag, director of the Office of Management and Budget, has made a big change in the way the Obama administration keeps track of jobs created by the stimulus bill.
Instead of trying to count all the jobs "created or saved" by the $787 billion legislation, the White House will now count all jobs funded by the bill, according to a Dec. 18 memo written by the OMB chief.
OMB says doing this will help improve data quality and improve the public's understanding of the numbers, but some Republican critics view it as a calculated move towards boosting the overall jobs created by the bill.
"Instead of trying to define jobs created or saved this will look at jobs funded by the Recovery Act," OMB spokesman Tom Gavin told The Washington Times.
"No one understood what created or saved meant," he added. "So we are using a more easy to understand definition." He also noted that the Government Accountability Office recommended these changes in a report issued last fall. . . .