WASHINGTON – White House economists said Thursday the Obama administration's recovery efforts have saved or created more than one million jobs so far.
President Barack Obama has promised that his $787 billion stimulus plan will create or save 3.5 million jobs by the end of next year. But the economy has fared worse than the White House predicted when it pitched the jobs plan and officials have sought to beat back criticism that the results did not justify the huge combination of tax cuts, state aide and government spending.
In its first report to Congress on the stimulus, the White House Council on Economic Advisers said the economy would have been far worse without the stimulus. The report was scheduled to be released Thursday afternoon. An official who reviewed it summarized its findings on condition of anonymity because it had not been released.
http://news.yahoo.com/s/ap/20090910/ap_on_go_pr_wh/us_stimulus_jobs
:lmao:
The spin doctors are in full swing.
View attachment 248
President Barack Obama has promised that his $787 billion stimulus plan will create or save 3.5 million jobs by the end of next year. But the economy has fared worse than the White House predicted when it pitched the jobs plan and officials have sought to beat back criticism that the results did not justify the huge combination of tax cuts, state aide and government spending.
In its first report to Congress on the stimulus, the White House Council on Economic Advisers said the economy would have been far worse without the stimulus. The report was scheduled to be released Thursday afternoon. An official who reviewed it summarized its findings on condition of anonymity because it had not been released.
http://news.yahoo.com/s/ap/20090910/ap_on_go_pr_wh/us_stimulus_jobs
:lmao:
The spin doctors are in full swing.
View attachment 248