Obama to hurry recovery effort amid rising doubt (2)
President Obama on Monday pushed to reinvigorate his $787 billion economic-stimulus program, promising to accelerate efforts to get money out the door, while dealing with critics who said some of his claims to create or preserve jobs have been exaggerated.
Mr. Obama said he was “not satisfied” with the results of the stimulus program so far, though he highlighted some of the achievements he said were the result of the massive spending bill, which he signed into law in mid-February.
He said it was “good news” that $135 billion obligated so far has saved or created “at least 150,000 jobs.”
But with about 2 million jobs disappearing since the bill was enacted, White House officials conceded that their estimates of jobs “saved or created” were at best only blunting the pace of overall losses.
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Updates:
9:23 am EDT, June 9th, 2009 — Editorial: Obama’s economic spin machine
Popularity: 20% [?]
Male, retired and the rest is of little interest to anyone. The site keeps me busy and if it helps others to stay abreast of daily events then my time is well spent.
Brian S Says:
Keynesian economics never fails to fail, but the Obama administration still has big plans to hire lots of people for all kinds of new jobs that are opening up,… a network news ratings czar, a polling numbers czar, a rewrite history on the fly czar, a rip up the US Constitution czar…. we can only hope that nobody tells these clowns what comes after a trillion…
Posted on June 9th, 2009 at 5:44 pm
Jack Says:
Pick up.
“If it looks to good to be true then it probably is.”
Posted on June 9th, 2009 at 6:27 pm
Brian S Says:
“Obama Man” by Greg Morton
http://www.youtube.com/watch?v=zhhkF3dqXR0
Posted on June 9th, 2009 at 6:54 pm
Jack Says:
Good one. It’s in the sidebar.
You know the man is in serious trouble when people start to make fun of him. It will soon be followed by the shout “Obama who?”
Posted on June 9th, 2009 at 7:17 pm