Uncommon Sense

politics and society are, unfortunately, much the same thing

Don’t expect much news coverage on stimulus fraud

AP IMPACT: Stimulus jobs overstated by thousands
October 29, 2009 by BRETT J. BLACKLEDGE and MATT APUZZO

WASHINGTON (AP) – A Colorado company said it created 4,231 jobs with the help of President Barack Obama’s economic recovery plan. The real number: fewer than 1,000.

A child care center in Florida said it saved 129 jobs with the help of stimulus money. Instead, it gave pay raises to its existing employees.

Elsewhere in the U.S., some jobs credited to the stimulus program were counted two, three, four or even more times.

The government has overstated by thousands the number of jobs it has created or saved with federal contracts under the president’s $787 billion recovery program, according to an Associated Press review of data released in the program’s first progress report.

bailout, bureaucracy, corruption, economics, economy, ethics, false, fraud, funding, government, news, politics, propaganda, recession, scandal, spending, stimulus

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Filed under: bailout, bureaucracy, corruption, economics, economy, ethics, false, fraud, funding, government, news, politics, propaganda, recession, scandal, spending, stimulus

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