Thursday, November 19, 2009

Quote of the day

Yes, it's from, but that's not my fault. They just keep 'em comin'.

The WSJ on a few jobs "saved." Among other things, apparently one new job was created for each pair of boots shipped by this company:

"According to the White House's site, an $890 shoe order for the Army Corps of Engineers, courtesy of the stimulus package, created nine new jobs at Moore's Shoes & Services in Campbellsville, Kentucky."

Or this gem:

"Head Start in Augusta, Georgia claimed 317 jobs were created by a $790,000 grant. In reality, as Mr. Karl reported this week, the money went toward a one-off pay hike for 317 employees."

From what I can gather, the formula is:

1. Berate congress into passing a job-creating stimulus.
2. Borrow $787billion on the back of taxpayers
4. Funnel that money to (almost entirely) public employee pay raises.
5. Call each pay raise for public employees a "job saved."

The actual quote, in reaction to a question about fraudulent reporting of jobs data:

Asked by the New Orleans Times-Picayune why so many recipients would misstate their districts, Ed Pound, the director of communications for the Obama Administration's, said, "Who knows, man, who really knows."

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