Yesterday's Washington Examiner posted an editorial about the ever-changing job saving numbers being claimed by the current White House. It cites an Associated Press report that at the Southwest Georgia Community Action Council 935 jobs were saved. That's really amazing since only 508 people work there.
According to Associate Press:
"The Georgia nonprofit's inflated job count is among persisting errors in the government's latest effort to measure the effect of the $787 billion stimulus plan despite White House promises last week that the new data would undergo an "extensive review" to root out errors discovered in an earlier report."
Regardless of the number of jobs created or not created, the problem with government stimulus programs is that the money has to be paid back at some point. This means that consumers have less money to spend and that economic growth slows down for that reason. There is also the danger of numerous pork projects and businesses owned by major political donors receiving government money with no real jobs created. If the government truly wanted more jobs, they would cut taxes on everyone, particularly small businesses, and get out of the way.
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