Did stimulus "create or save" 250,000 government jobs? Or cause a Depression?

Posted 20 Oct 2009 in Democrats, economy

It depends on who you ask. On one hand, the administration is crowing…

WASHINGTON — The Obama administration says spending aimed at boosting the economy has created or saved 250,000 teaching or other education jobs this year.

A White House report released Monday concludes that money from a $787 billion stimulus package has helped states fill budget gaps that would have cost teachers their jobs in school districts and public universities across the country.

The 250,000 figure is significantly higher than the 30,000 jobs the administration said last week were created or saved by businesses that won federal contracts under the stimulus law.

And on the other hand, the Vice Gaffemaster is spreading doom & gloom…

“When a guy in Minooka is out of work, it’s an economic slowdown. When your brother-in-law’s out of work, it’s a recession. When you’re out of work, it’s a depression. Well, it’s a depression. It’s a depression…for millions of Americans.”

Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT

1 Comment

  1. 27 October 11, 3:15pm

    [...] Did stimulus “create or save” 250,000 government jobs? Or cause a Depression? [...]

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