Friday, March 6, 2009

Is The Stimulus Really Working?

President Obama took to the campaign trail, um, I mean the road today to speak (with his teleprompter of course) to a group of 25 police recruits who's jobs were "saved" by the stimulus.

"For those who doubt the success of the recovery plan, I ask them to talk to the teachers who are still able to teach our children" as a result of it," Obama said, also citing nurses, firefighters and police officers as among those helped by the plan.

"I ask them to come to Ohio to meet the 25 men and women who will soon be protecting the streets of Columbus because we passed this plan," he said. "I look at their badges today and know we did the right thing."

The police recruits will take their jobs thanks to a $1.25-million cash infusion from the recently passed stimulus package, a slice allotted after Mayor Michael Coleman personally pleaded his city's case to the White House.


Of course, if you read the whole article, you notice this little nasty bit of fine print.

The money Obama delivered will cover the officers' salaries for one calendar year, but police officials aren't sure where the funding will come from for next year's pay. They've halted all recruit training for the time being.

So by his own words, President Obama has said his stimulus package will save or create up to 4 million jobs. So, by my calculation, that's only 3,999,975 more jobs to go. Better get cracking Mr. President.

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