Tuesday, June 16, 2009

How about those nonexistent jobs and how the media is swallowing the baloney about "saved or created jobs":

http://blog.heritage.org/2009/06/09/morning-bell-the-obama-jobs-gap/

http://online.wsj.com/article/SB124451592762396883.html

Even the AP is reporting on the charade: By now, according to earlier White House economic models, the nation's unemployment rate should be on the decline. The forecasts used to drum up support for the plan projected today's unemployment would be about 8 percent. Instead, it sits at 9.4 percent, the highest in more than 25 years.
Some analysts believe the White House still is not being realistic, that Obama will be lucky if any real job creation from his recovery effort is seen by the end of the year, let alone the employment explosion he predicts.
"I think these estimates are overly optimistic," said Arpitha Bykere, a senior analyst with RGE Monitor.

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