The White House released a report in early January claiming their failed stimulus created or saved 2 million jobs.
This was up 900,00 jobs from December’s estimates.
In the real world, the economy lost 85,000 jobs in December and the unemployment rate is stuck at 10%.
In the real world, 40% of the unemployed, or 4% of the workforce, or 6.1 million people, have now been unemployed for over 27 weeks. In November this number was 5.9 million, and a year ago it was a meager 2.5 million.
Maybe that explains why today three different White House officials gave three different stories on the number of jobs “created or saved” by the Obama administration.
The Politico reported:
White House advisers appearing on the Sunday talk shows gave three different estimates of how many jobs could be credited to President Obama’s Recovery Act.
The discrepancy was pointed out by a Republican official in an email to reporters noting that “Three presidential advisers on three different programs [gave] three different descriptions of the trillion-dollar stimulus bill.”
Valerie Jarrett had the most conservative count, saying “the Recovery Act saved thousands and thousands of jobs,” while David Axelrod gave the bill the most credit, saying it has “created more than – or saved more than 2 million jobs.” Press Secretary Robert Gibbs came in between them, saying the plan had “saved or created 1.5 million jobs.”