White House Tally Appears to Overstate Stimulus Jobs

Wall Street Journal by Louise Radnofsky, Maurice Tamman | Nov. 4, 2009 (News Report)

The number of jobs the Obama administration credits to federal stimulus money could be overstated by at least 20,000 of the 640,000 claimed, a Wall Street Journal analysis found.

Recipients of the government grants and contracts appear to have made mistakes when estimating the number of jobs that have been saved or created, according to the Journal's review. Some recipients said they were confused by forms that asked how they spent the money. Full Story »

Posted by Derek Hawkins

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Sirajul Islam
3.5
 by Sirajul Islam - Nov. 4, 2009

The analysis presented in this report is qualified as per the premise. But when most of the bailout money gone to big businesses, it worked poorly on creating jobs, and homeowners. After all, Wall Street Journal has a stake in finding weaknesses what the White House is doing, and they've smartly succeeded.

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