Sunday, November 22, 2009

Obama's "Lazy, Hazy Math" Theorem On Job Creation


President Bush coined the term “fuzzy math” when challenging Al Gore’s economic policies in the 2000 presidential debates. President Barack Obama’s U.S. employment calculations have advanced the Gore mathematical theorems to new heights requiring a re-coining of that term. So let’s call Obama’s employment equations lazy, hazy” math.

In the above video Rep. Darrell Issa, R-CA, grills Earl Devaney, the U.S. Inspector General who also oversees Obama’s $787 billion Economic "Porkulus” package. Rep. Issa flushes out from Devaney that the Obama administration cannot, on any level whatsoever, verify on their taxpayer funded website recovery.gov, that U.S. jobs created or “saved” identified in the website is in fact true or accurate. Rep. Issa gets Devaney to admit that the over 600,000 jobs created/saved as reflected on Obama’s recovery.gov website, and as pronounced by Obama press secretary Robert “Glib” Gibbs and Vice-President Biden, is simply “misleading political propaganda to serve a political agenda”.

What’s amazing is that unemployment has reached 10.2%, the highest in over 26 years, but President Obama’s website recovery.gov says that over 600,000 jobs were “saved”, ergo, “Obama Lazy, Hazy Math”.

National Review points out that, “The bottom line is that this website is terrible. And to think that it cost taxpayers over $9.4 million to build so far is outrageous. In addition, this morning USA Today reports that, surprise, many jobs on the website were over reported."

The following is only a snippet of the glaring examples illustrating both the “lazy” and the “hazy” as reflected in Obama’s recovery.gov website.
  • ABC News reports that the federal government sent Bob Bray $26,174 in stimulus aid to fix a fence and replace the roofs on public apartments in Blooming Grove, Texas, a town of fewer than 900 people outside Dallas. He hired five roofers and an inspector to do the job. But the number of jobs he reported to the government looked very different — 450 jobs!
The Associated Press reports the following examples:
  • President Barack Obama's economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there!
  • About two-thirds of the 14,506 jobs claimed to be saved under one federal office, the Administration for Children and Families at Health and Human Services, actually weren't saved at all. That figure includes more than 9,300 existing employees in hundreds of local agencies who received pay raises and benefits and whose jobs weren't saved.
  • The Bergen County Community Action Program in Hackensack, N.J., noted the nearly $213,000 it received went to cover raises for existing staff only, but it also reported saving 85 jobs!
  • At Southwest Georgia Community Action Council in Moultrie, Ga., director Myrtis Mulkey-Ndawula said she followed the guidelines the Obama administration provided. She said she multiplied the 508 employees by 1.84, the percentage pay raise they received, and came up with 935 jobs saved.
President Barack Obama took $787 billion of taxes from Americans promising that his "porkulus" bill would save or create 3.5 million jobs by the end of 2010. To date there is an over 25 year high 10.2% unemployment and the number of jobs lost in America during the Obama administration is 3.5 million jobs. If we add that to Obama’s specious “hazy math” of 600,000 jobs saved, which really means dislocated jobs, then almost 4 million jobs have been lost or dislocated since Obama took office. Obama repeatedly promised he would create 3.5 million jobs if only we would elect him President and give him control over the nation’s economic policies beginning with the enactment of his massive economic porkulus package.

It appears to the "Obama math challenged" that the only promise coming out of the Obama administration for jobs created was the new hires who created his website and took our tax dollars to elucidate Obama’s new mathematical theorem entitled "lazy, hazy math".

1 comment:

Matt said...

Should this be called "community organizer math?"