Despite Surge in Unemployment, White House Says Economic Stimulus ‘Saved or Created’ 250,000 Jobs

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Fred Lucas
CNSNews
October 20, 2009

[efoods]The stimulus is working, a White House economic adviser declared on Monday, citing a new report that 250,000 education jobs were “saved or created.” This news, however, comes at a time of 9.8 percent unemployment and 21 straight months of job losses nationwide.

It is difficult to say how many jobs were “saved” and how many were “created” by the $67 billion in stimulus education grants, said Jared Bernstein, executive director of the White House’s Middle Class Task Force and chief economist for Vice President Joe Biden. He also did not know how many jobs were teaching jobs or other public school staff positions.

“These are jobs directly created or saved through spending, through the recovery act,” Bernstein told reporters at the daily White House press briefing. “Layoffs were avoided in this case.”

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This article was posted: Tuesday, October 20, 2009 at 1:22 pm







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