Thursday, October 29, 2009

Stimulus Job Creation Smaller Than the White House reported

The White House claimed the stimulus has created 30,000 new jobs. AP has investigated this claim and found it to be exaggerated.

From AP:

A Colorado company said it created 4,231 jobs with the help of President Barack Obama's economic recovery plan. The real number: fewer than 1,000.

A child care center in Florida said it saved 129 jobs with the help of stimulus money. Instead, it gave pay raises to its existing employees.

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