Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Thursday, October 29, 2009

More White House math....

Unbelievably, the AP is doing math the White House isn't capable of doing. Once again the Administration has inflated the numbers of jobs "saved or created" in a misleading report released to the Recovery.gov site on Wednesday.
The White House seized on an initial report from a government oversight board weeks ago that claimed federal contracts awarded to businesses under the recovery plan already had helped pay for more than 30,000 jobs. The administration said the number was evidence that the stimulus program had exceeded early expectations toward reaching the president's promise of creating or saving 3.5 million jobs by the end of next year.

But the 30,000 figure is overstated by thousands -- at the very least by nearly 5,000, or one in six, based on AP's limited review of some of the contracts -- because some federal agencies and recipients of the money provided incorrect job counts. The review found some counts were more than 10 times as high as the actual number of jobs; some jobs were credited to stimulus spending when, in fact, none were produced.
When the AP released it's own report with corrected numbers, some one got of bed in the middle of the night to dispute the correction, saying those problems had already been taken into account. However, as of early Thursday AM the incorrect value of 30,383 was still listed.

Just another example of this Administration's inability to be accurate on almost anything.

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