Plain and simple. Govt can not create wealth.

Plain and simple. Govt can not create wealth.

 

They can sure take it though.

How can anyone put a figure on these things when garbage like this is going on?

 

http://www.msnbc.msn.com/id/33619884/ns/business-economy_in_turmoil/

 

Math is sure a lot different than when I was in school.

Through hot air but from the Columbus dispatch that some of the "saved" jobs were saved or created at all.

 

http://hotair.com/archives/2009/11/03/ohio-jobs-saved-or-created-werent-in-danger-at-all/

 

However, the Columbus Dispatch reports that the jobs listed were never at risk of being cut this year, and many of them wouldn’t have been cut at all, with or without the stimulus block grants

 

The Obama administration announced Friday that federal stimulus money had created or saved about 7,200 education jobs in Ohio as of Sept. 30.

Although a couple of hundred of those jobs were in Columbus City Schools, the district acknowledged yesterday that many of the “saved” jobs definitely wouldn’t have been lost in the first place, and others might not have been lost at all. …

Federal Education Secretary Arne Duncan said in a conference call with reporters yesterday that the country has “325,000 who would literally not be in the classroom today if not for these funds.” But not in Columbus, where the district’s finances looked pretty solid before the stimulus. Voters passed a levy last November that should keep the district’s books largely in the black until 2012.

 

So was the district on the verge of laying off 36 school administrators?

“No,” Dannemiller said, explaining that the reporting choices were “created” and “saved.” “They weren’t ‘created,’ obviously, so our only other choice was ’saved.’ “

Define "temporary."

 

Are there jobs that aren't potentially "temporary?"

 

.

 

The funding for the 6 or so teachers in our district is there for one year. From my understanding, come May 2010 and the end of the school year, those teachers will be out of a job.

 

I would assume that is not much different in every other school district in the country.

 

There jobs are there for one year and then one of three things will happen, 1) they will be added to the unemployment numbers; 2) Obama will go back to Congress and ask for even more money to extend these jobs; 3) they will be able to find a job in another school environment that is losing jobs.

Classic ploy.

 

I said a 2,000 page bill is too much for one congress person to read and understand.

 

However, don't try to change the subject. If you're going to criticize and cast ridicule then it would behoove you to actually take a minute and understand what it says. Remember, when Mitch McConnell uses simpleton math its not to be accurate. Its to deceive the uneducated and the ones who won't actually use their brain to question such an obvious distortion of the truth.

 

I'm also glad you're not a banker who would deny the guy $1M to start a construction business that will "only" employ 10 people to start. You couldn't see that in addition to payroll expenses the owner needs money to , say, buy trucks, buy tools, buy supplies. So, you denied him and kept 10 people out of work because the "math" seemed funny.

 

I'm all for criticizing leaders. I just prefer to do it with actual facts and not what a news outlet or biased congressman tells me.

 

Your analogy means nothing because it is the proverbial apples and oranges. Bankers don't give loans based upon the number of jobs created but rather their ability to pay back the loan. So, it doesn't matter if they create 10 jobs or 1 million jobs, if they cannot pay back the loan.

How can anyone put a figure on these things when garbage like this is going on?

 

http://www.msnbc.msn.com/id/33619884/ns/business-economy_in_turmoil/

 

Math is sure a lot different than when I was in school.

 

That first paragraph in the article made me laugh.

 

The administration has certainly lost credibility with their "jobs saved calculations.

Your analogy means nothing because it is the proverbial apples and oranges. Bankers don't give loans based upon the number of jobs created but rather their ability to pay back the loan. So, it doesn't matter if they create 10 jobs or 1 million jobs, if they cannot pay back the loan.

 

Let me break it down.

 

My example was used to show that your simple calculation that you and others use or repeat is faulty. It completely ignores other products of a "job" and other costs involved. That's it. Nothing more. Since you repeated it and used as a basis for mocking the package I gave an example trying to show your faulty assumptions.