KrauserKrauser wrote:And Nitram how many of those are actual jobs and not just pay raises falsely recorded as saved and/or new jobs?
Let's see. The above is where I get the number, but it's not from the Recovery Board, but from economists, who have no horse in this race.(If anything, Keyesnians would under-state, as they echo Krugman: THe Stimulus Was Too Small.)
Brooking's discusses it in depth:
Link
To shorten it, the Administration used a sample of 150,000 reports by those receiving grants. As we've seen, those reports did have human error, but these weren't reports saying 'We raised ten guys jobs'. For a small scale example, from the WSJ(No friend of Obama's policies):
A Kentucky shoe-store owner claimed to have created or saved nine jobs with an $889.60 contract to supply work boots to the Army Corps of Engineers.
Every little bit helps. As the WSJ reported, dozens of reports showed saving or creating at least one job with less than 2,000$ from the stimulus.
HeadStart's reports had 277 of the mistakes Sebelius made, but 277 out of 150,000 is 0.001% from the total bill.
WSJ Stuff
Out of this, the WSJ thinks the number from Obama is overstated by as much as 20,000. I would not find this wholly uncredible. They are using a form of statistics, and this produces margins of error. Assuming they used a standard method, or hired someone to, we would be looking at between a 3% and 5% margin of error with 95% certainty. 20,000 would be 2% off. So I regard it as quite possible.
Manic Progressive: A liberal who violently swings from anger at politicos to despondency over them.
Out Of Context theatre: Ron Paul has repeatedly said he's not a racist. - Destructinator XIII on why Ron Paul isn't racist.
Shadowy Overlord - BMs/Black Mage Monkey - BOTM/Jetfire - Cybertron's Finest/General Miscreant/ASVS/Supermoderator Emeritus
Debator Classification: Trollhunter