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  • Outside the Beltway: Inventive Math Makes Stimulus Work!

    From the Associated Press:

    PORTLAND, Ore. – How much are politicians straining to convince people that the government is stimulating the economy? In Oregon, where lawmakers are spending $176 million to supplement the federal stimulus, Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program’s first three months.

    But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state’s accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime.

    “Sometimes some work for an individual is better than no work,” said Oregon’s Senate president, Peter Courtney.

    With the economy in tatters and unemployment rising, Oregon’s inventive math underscores the urgency for politicians across the country to show that spending programs designed to stimulate the economy are working — even if that means stretching the facts.

    Posted in Ongoing Priorities [slideshow_deploy]

    3 Responses to Outside the Beltway: Inventive Math Makes Stimulus Work!

    1. James Raider, WA says:

      Government Capping Compensation?

      The government is not improving the lot of shareholders, but is escalating its own intrusion into the boardrooms of America.

      http://pacificgatepost.blogspot.com/2009/07/gover

      Sweeping expansion of government incompetence into corporations is an invasion that will not be reversed. In the meantime, there is need for a fix in the process of corporate governance.

    2. Roger S., Ma. says:

      Oh, yeah, they do know how to "cook the books", that they do, but I'll bet none of the ever wrote a cook-book, let alone cooked a meal. Brave New World!

    3. Spiritof76 says:

      America is an idea and not a country. Right now, we have the United States as a country with its foundign idea dead.

      Of course we can reverse the ship to its home port of founding idea but will require a mutiny. The real question is how many of us are willing to endure the pain and siffering to get her to its home port?

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