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Wednesday, July 29, 2009

SPIN METER: 'Help Wanted' counting stimulus jobs

In Oregon the unemployment rate is 12.4 percent, 3 percent higher than the national average. Their legislature spent an additional $176 Million on top of the federal stimulus in an effort to create jobs. An AP analysis of the results are less than flattering.

PORTLAND, Ore. – How much are politicians straining to convince people that the government is stimulating the economy? In Oregon, where lawmakers are spending $176 million to supplement the federal stimulus, Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program's first three months.

But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state's accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime.

"Sometimes some work for an individual is better than no work," said Oregon's Senate president, Peter Courtney.

With the economy in tatters and unemployment rising, Oregon's inventive math underscores the urgency for politicians across the country to show that spending programs designed to stimulate the economy are working — even if that means stretching the facts. (more)

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