How Many Jobs?

Sunday, September 18, 2011
By Mike Burns

Presidential hopeful Rick Perry had one of the biggest applause lines at the debate the other night when he declared that the stimulus bill created ZERO jobs. The crowd ate it up and the other candidates nodded approvingly. I wonder where Mr. Perry gets his information because every credible source on this subject has very different numbers.

• CBO: Between 1.3 million and 3.6 million jobs saved or created.
• IHS/Global Insight: 2.45 million jobs saved or created.
• Macroeconomic Advisers: 2.3 million jobs saved or created.
• Moody’s Economy.com: 2.5 million jobs saved or created.

• CBO: Between 1.3 million and 3.6 million jobs saved or created.
• IHS/Global Insight: 2.45 million jobs saved or created.
• Macroeconomic Advisers: 2.3 million jobs saved or created.
• Moody’s Economy.com: 2.5 million jobs saved or created.

These sources do say “saved” or created because a big part of the stimulus bill was designed specifically to save the jobs of police, firefighters and teachers who were in danger of losing their jobs because of budget shortfalls in troubled states. States like Mr. Perry’s, for example. A good part of his “Texas miracle” was due to the stimulus funds that he accepted and used to plug the holes in the state budget. Tens of thousands of state workers owe their jobs, not to Rick Perry, but to Barack Obama. Maybe that’s why some polls have the President leading Mr. Perry in a hypothetical matchup in the Lone Star State.

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One Response to “How Many Jobs?”

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