Oba-Mathematics?!?!?
September 11, 2009 | Atlanta, Georgia | Vetting explained
I guess I will have to go back to school to learn the new math -- Obamath. According to a White House report, the stimulus money has added jobs and helped GDP growth. huh? what?
http://www.whitehouse.gov/assets/documents/CEA_ARRA_Report_Final.pdf
http://news.yahoo.com/s/nm/20090910/pl_nm/us_usa_stimulus_jobs
The math says that the 2 million jobs lost since the stimulus was enacted is in reality a gain of 1 million jobs (and it is on pace to create 3.5 million jobs by the end of 2010 -- I'm so excited... what does that mean? only 6 million jobs will be lost?)... and, a net loss of 1% in GDP in the second quarter is actually a gain of 3%... Also, unemployment will peak at 10%, despite a claim that the stimulus money was going to cap it a 8%.
I know that this doesn't seem logical at first, but that's because you have not been properly educated. I hope that our kids are learning the new math in school...
That's the only way we can have a deficit-free health care bill that will only add $250B dollars to the deficit... trust me, it is deficit-free; you are just not doing the math correctly.
There you go... an overview of the new math.
- Tags:
- obama,
- white_house,
- stimulus
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