Obama vowing that 600,000 jobs will be created or saved.

Notice the word "SAVED". He can come back later on and say we saved 10,000 jobs at the Dept. of Health and Human Services because we still have 100,000 people working there.

Where is the press with the following questions ?

What jobs and where are you going to create them ? Government of Private sector ?
Do these public works jobs go away after the summer or are they on the taxpayer dole forever ?
Are you promising the creation of any private sector jobs ?
How do prove that Obama saved jobs ? His word ?? :LMAO:LMAO:LMAO
Put some pressure on this mother fucker and hold him accountable.




WASHINGTON (AP) - Eager to show action on the ailing economy, President Barack Obama promised Monday to speed federal money into hundreds of public works projects this summer, vowing that 600,000 jobs will be created or saved. Surrounded by his Cabinet, Obama emphasized what has become a dominant issue of public concern—an economy that keeps bleeding jobs—on the day after returning from a week of diplomacy and sightseeing in the Middle East and Europe.
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He concentrated in his remarks on the billions of dollars from a taxpayer-funded plan that will be disbursed this summer, although much what he was described was already in the works, spurring new debate about just how much the $787 billion stimulus plan is helping so far.
"We've done more than ever, faster than ever, more responsibility than ever, to get the gears of the economy moving again," Obama said.
Based on the work done across a broad spectrum of federal agencies during the first 100 days of the administration, Obama said, "we're in a position to really accelerate."
The jobs cover an array of public works ranging from parks and wastewater projects to improvements at military facilities, airports and veteran medical centers.
The ramp-up is not surprising; the administration had always viewed the summer as a peak for stimulus spending, as better weather permits more public works construction and federal agencies had processed requests. The event allowed Obama to remind the nation, on his own terms, that help is on the way.
Republicans remain critical of the stimulus spending, slamming it as a big government program that ultimately will do little for recovery. With only a fraction of the federal money actually spent thus far, it's premature to give the stimulus plan credit for economic trends, many congressional Republicans say.
The government reported last week that the number of unemployed continues to rise; the unemployment rate now sits at 9.4 percent, the highest in more than 25 years. Hundreds of thousands of Americans continue to lose jobs each month, although fewer jobs were lost last month than expected.
Obama called the smaller-than-expected slashing of jobs a sign that the economy was moving in the right direction. But he cautioned bluntly that "we're still in the middle of a very deep recession" and that "it's going to take a considerable amount of time for us to pull out of."
The president said he understands the hardships of people who have lost jobs, homes and financial stability.
 

brucefan

EOG Dedicated
Re: Obama vowing that 600,000 jobs will be created or saved.




Posted by Economic analyst at <A class=timestamp-link title="permanent link" href="http://thecomingdepression.blogspot.com/2009/06/proof-silver-is-money.html" rel=bookmark><ABBR class=published title=2009-06-13T18:39:00-07:00>6:39 PM</ABBR> 0 comments



True Unemployment rate is OVER 20%



If the theory has a chief architect, it is John Williams, a semi-retired grandfather of five living in Oakland, Calif. The son of a chainsaw importer, Williams sold the family business in the 1970s and began consulting for corporations, recalculating government economic data to arrive at what he says were more reliable measures, and with them, truer forecasts. Today Williams runs Shadow Government Statistics (ShadowStats.com) from his home. For $175 a year subscribers get economic data and analysis adjusted to back out the accumulated effects of what Williams has dubbed the Pollyanna Creep -- Pollyanna being the orphan protagonist of the 1913 children?s book who learns to play the ?glad game? to find cheery perspectives on life?s sorrows. In other words, he provides figures he feels are properly miserable, to offset government ones he says are too prettied-up.

If Williams is right, unemployment is over 20%, gross domestic product is shrinking by 8% and consumer prices are jumping by nearly 7%. His forecasts border on apocalyptic. The government is creating so much new money, he says, that the all but inevitable result is hyperinflation, where ?your highest denomination, the $100 bill, becomes worth more as toilet paper than money.? Buy physical gold, he advises.

Whether we believe the forecasts or not, the possibility of a Pollyanna Creep has serious implications. Social Security payments are just one benefit adjusted each year for increases in the cost of living. If the figures hadn?t been corrupted, says Williams, checks might be close to double what they are.

Williams has managed to attract plenty of press. A year ago, Harper?s magazine featured a cover drawing of a grinning Uncle Sam fondling numeral-shaped party balloons, with the headline, ?Numbers Racket: Why the Economy is Worse Than We Know.? The story centered on Williams? data. The San Francisco Chronicle followed with ?Government Economic Data Misleading, He Says.? Last fall in the London Times: ?Forget Short-Sellers and Manipulators, Pollyanna Creep Could Be the Culprit.?
Link


:+clueless
 
Re: Obama vowing that 600,000 jobs will be created or saved.

his change is a bunch of bs as all he cares about doing is getting re elected.

like most politicians
 
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