White House estimates job impact

Dear Leader can say he saved however many he wants to. He could
just say " We have saved 1 Million jobs" and then explain it by saying the job loss of 500,00 COULD have been 1.5 Million instead..

Yeah..sure - whatever,,,HOPE. CHANGE.
CHANGE. HOPE. BLAH BLAH

So right now there are 200,000 people collecting unemployment in Massachusetts and over the next 3-4 years only 79,000 new jobs will be created. This mess that Hussein is getting us into is going to make Afghanistan look like a picnic. It's only going to get uglier and uglier it seems.

I just finished saving 5,000 jobs myself today. Prove me wrong...

$225K per job over 2 years? for what, a $35K/yr job?

Oh how the language has changed- when they were selling this turkey to the publice all we heard was how many jobs this bill would 'create'- now that it's law, and they're on the hook for the outcome, it is suddenly how many jobs the package will 'save or create'. Way to backtrack- you're not exactly instilling confidence in your leadership...

Jobs created OR saved (how can you prove you saved 3.5 million jobs). they already started distrorting their promises

No doubt the saved jobs will be mostly government jobs. The jobs most needing to be cut. All this stimulus package does is allow Massachusetts and other states the ability to hold off making the tough spending cut decisions. Gee 800 Billion for $13/pay period. Somehow it does not seem worth it.

"Meanwhile, the White House has also gone live with the website designed to let Americans follow the money, part of an effort to make the bill transparent and accountable. "

Uh, transparency for the bill has little meaning AFTER the bill is voted on and signed into law. At least now we know how we are going to get screwed.

"Save or create" is the biggest con job since the days of Barnum. Exactly how does one measure how mahy jobs were "saved"? If my boss was thinking of firing me but changed his mind, do this get counted in Obamaworld?
This is all just BS of the Democrats so that a year or two from now when this stimulus is a disaster, they can still claim victory.

The key phrase is "create or save". How do you determine if a job is saved? This bill may not create 1 new job but the administration will still claimed it "saved" jobs because there is really no way to dispute (or support) that claim.

i cannot stop laughing over this. i have as much faith in these numbers as i do that anyone in the govt has a clue about where this money is actually going.

Dearest Maximum Leader,
May I be so bold as to ask how does one measure a "saved" job?
I am asking because I know those bum kissers in the msm would never be so bold to ask about the definition of a saved job.

Yours in Obama!

Joe E O

If too many blogs negatively reflect on the "Chosen One", the Globe will take down this article with its blogs. The Globe is brutally afraid of any free speech that doesn't agree with its ideology. For example, we can't blog about our bloated Senator despite the puff piece currently being aired. Today's piece talks about how tough Ted had it "weathering the storm". Whew, Ted had it bad??? How about her parents! It's not an accident that we can't blog about Ted. It's censorship from the left.

Wow....I have to admit...I was taken for a ride by this guy.

Sorry Sen. Mccain...next time I will vote with my head.

The more I read... the more depressing it gets... the more I save.... the less I spend.... the worse the economy. I believe the media should back-off of all the negative factoids out there - I'm not saying they don't exist for an instant - but the truth is that it makes things worse.

Great job with the negativity, everyone. I didn't hear a single alternative idea presented. As usual, it's the peanut gallery commenting after the fact. If you all have such brilliant ideas, maybe consider writing to your senators and representatives once in a while. I don't think that Obama, or anyone in his administration sees this bill as a cure-all for the mess that we're in, but if any jobs can be saved and created by this bill, that's great news. And, yes, a lot of these jobs will be government jobs. How else would you go about this? Should we give money to, say, banks and ask them to put people to work, or other big business? Isn't it best to put the people to work FOR the people, not corporate profits?

Man I love you RepubliCONS, you supported Bush as he lead us to hell in a hand basket, now that someone is trying to FIX the 12 years of ineptitude exemplified by your beloved Republican leaders in Congress and not to mention another 8 of sheer stupidity by your beloved GW Bush, you are nothing but critizing.

The fact that you have the audacity to even open your collective mouths' is mind blowing.

I take it most folks (hello, mynameisbob) haven't been listening, it's been "save or create" for quite a while now. Of course you may have just been tuning out what others have to say. The idea here is to STOP the bleeding of jobs. If this package stabilizes the job market, then it's done it's job. While job losses continue, individuals and employers both will continue to hunker down and cut back, leading to more job losses. Only when they feel than things won't get worse and are starting to look up will spending on anything other than absolute essentials and employment start to rise. Do I want to pay for this package or leave it for my kids? Hell no, thats why in my book they should bring back the top tax bracket and tax the crap out of the top 5%! If you look at who made out over the last decade, it sure wasn't the bottom 95%. Most folks (anyone labeled some form of middle income and below) saw their income remain flat (actually decrease by a couple hundred) after inflation is factored in (thats the government infation figures which we all know are low!), but those top wealthy folks saw their incomes go up 22% AFTER the inflation factor! I guess that is trickle down economics still waiting to "trickle down".

Too bad more of you didn't see through this guy BEFORE you voted for him...

Did you really expect anything else from a Marxist like Obama????
The founding fathers must be turning in their graves...........................hope and change, yeehaa..............................
Call your elected officials and ask them what they thought of the "stimulus" bill once they read it - ha ha - nobody read it, they just voted in favor because the "chosen" one said so, absolutely pathetic! What will it take to change this situation, another revolution????
ps don't forget to cancel your Globe subscription, hit 'em where it hurts!

Republicans need to shut up about their dislikes about the plans/numbers. You need to take ownership for your failure. Clearly until you do that first you will not be able to comprehend the difficult decisions that need to be made now and the concept of "saved" jobs as an example.

mtbr1975, we've listened to you left wing nut jobs complain about everything being Bush's fault for many years...now its your turn to listen to us. how's it feel?

How soon you ignorant "patriots" forget who got us all into this mess in the first place. So the Obama administration is trying to create jobs through infrastructure and creating jobs, whatever their pay-rate is. That's more than you can say for the Bush administration... and what do you propose, he just give you all of your tax dollars back so you can hire a Mexican imigrant to take care of your over privileged children? The Republican "trickle-down" theory is just another way to get the rich richer, and leave the poor and disadvantaged without hope.

Republicans need to shut up about their dislikes about the plans/numbers. You need to take ownership for your failure. Clearly until you do that first you will not be able to comprehend the difficult decisions that need to be made now and the concept of "saved" jobs as an example.

Man, I love you too. Watch "House of Cards" on CNBC, then come back and tell me it was any one political party's fault. Not so.

This was a 30 year debacle in the making, with government, ratings agencies, banks, and, yes, Wall Street involved. Let's not forget about the American people--overleveraging is a bad idea, housing prices will not increase forever. The truth hurts. We are all at fault here.

So to blame this on the "Republicons," as you call them, or simply the left, is not only childish, it is not supported by facts.

I voted for Obama and I think this bill, especially the way it was handled was a complete sham. For those who can't find the hypocrisy in the call for transparency and how this bill was then rushed through without the light of public scrutiny, you are clearly looking at this through partisan glasses. The bill couldn't be delayed for 3 days to give the Congress and voters and quick look-see because of the urgency needed, but then the signing into law was delayed for 4 days for pomp and circumstance purposes? This is truly insulting to me. Wasn't Obama supposed to be a new politician? Instead we get, "it's okay because the Republicans were so bad that we get a free pass". That's not what I thought I was getting with Obama.

Then this whole "create or save" phrase is clearly aimed at obscuring the likelihood that this job will not significantly create new jobs. If they felt that it would, they would drop the "save" part. The only purpose of using "save" is for political cover. I don't want another President who uses semantics to obscure his intentions.

The GOP pays people to write negative comments about any Obama or Democratic plan to stabile the economy. That’s right; they pay “independent” bloggers.

Disinformation, it's all they have left.

This guy is gonna make Jimmy Carter look like FDR the way he's going......

I saved 1.4 million jobs today all by myself.
Frank Stallone saved only 1.1 million jobs.

I love the people complaining about people complaining about this spending bill. These are the same people who didn't do anything (including work) for the last year 8 years except complain. Maybe if you did some work so you could afford your mortgage we wouldn't be in this situation.

work for the people? what people, people collecting government benefits? corporate profits "save or create" jobs, that aren't government jobs and trickle down throughout our economy, but the reality is the people will be working for the govenment for the next several generations to pay back this "recovery" package. Our leaders have accepted greed and immoral values as the standard, and won't stand up for the values our country was built on..... hard and honest work ethics. And what about letting the public review the bill and present feedback 48 hrs before the vote, that didn't happen, so what's the point to send an e-mail to an aide in an office. At this point it doesn't really matter if you're on the right or left, Dem or Rep- we're all screwed.

So why is the District of Columbia listed as a state???

1. Save create, whatever what do you get when conservatives run things, oh thats right you lose 2.6 million jobs. So in the first month of this administration without the help of Republicans more has been done than in 8 years of Republican rule.
2. As far as transparency, get off your butt and get on your Representatives face if you want to know what is in the bill. They represented you and know what is in the bill and if they didn't then they needed to vote against cloture until they did. That is how a representative democracy works.
3. I am personally happy with what this bill brings to Massachusetts, we got a good share of the money so... Good Job Mass Reps and Senators.

Wow...#18 sounds like it was written by Obama's 2012 campaign manager......well at least I keep my bs short.

Man, I'm bummed, my kids are too young right now, but I'm bummed for them! Let's see the lesson to teach them? Hmm? How about kids, I'm sorry your daddy worked his tail off all these years, paying taxes,buying a home he could afford to provide you with a good stable life. Meanwhile your government just mortgaged your future to China, and your Dad as a hard working American taxpayer will get ZERO (except higher taxes again) from this huge stimulas package.
Once again my children forgive me, and most of all the Government!

Comrade, I saved 15 jobs - they're just making numbers up. This President is an inexperienced Community Organizer. He doesn't know what he is doing....except lead us into Socialism.

How about this for a stimulus package. Make all present mortgage rates 3% and the savings for ALL would be passed around to everyone and we would have money to spend. The business loans/mortgages would be lower so that they can hire more. The banks upper management may not like this idea because they may not be able to make their bonuses

i just cant get past the simple fact thatthis bill pays out
224,857.14$ per job created or saved.
I cannot get my head around this number. it just doesnt make rational sense.

I voted for him and will do it again! Bush created the bulk of this mess and unfortuantely he has to attempt to fix it. The bottom line is NONE OF YOU Ignorant a _ _ _ _ GAVE HIM A CHANCE!

I just feel sorry for all you people who thought Obama was next saviour. Hate to say it, but -Told you so....

All of this complaining, and NOBODY has offered what the alternative should have been. Just cut taxes? Have never seen that create one job, ever. To all who complain, its easy to criticize, offer an idea of how you would have gotten this economy going instead of wasting your limited vocabulary on who to blame.

If any of this is a surprise to you then you obviously weren't paying attention to what Obama was SAYING during the election. He was professing socialist, economcially unsound intentions all along. No one should be surprised this has come to pass, nor pretend that it hasn't come to pass.

And NOBODY paid me to say this "Dan Sarazan", so why don't you stick to debating the facts about this inconvenient truth.

#40... what's your solution???

Dear Federal Government,

Please just send me and my wife checks for $225k each. I promise I will put the $450k to better use than you will:

To help the mortgage companies, I will pay off my house.
To help the banks, I will put a large portion into savings and investment.
To help the auto industry, I will buy a car.
To help the travel industry, I will take a much needed vacation.
To help the infrastructure, I will volunteer to help clean up the mess after our bridges and dams fall into the rivers.

Ted,

"Just cut taxes? Have never seen that create one job, ever. "

You must work for the MBTA, or have a Harvard PhD. You've obviously never had to meet a payroll.

Look, the "trickle down" effect just doesn't add up, you don't see the 5% spending ridiculous amounts of money in different sectors of the economy hoping it'll "trickle down." What it really comes down to is jobs, jobs create spending, lending and saving (etc). How about using this money by going back to all these employers who laid off all these workers, giving the employer the money to retain these laid off workers. Doing the math, thats about 40k per person totaling about 16 billion. out of the monster 790 billion, 40k a year is alot more than the unemployment insurance pays out which stops spending all together because families can't afford to take a vacation, or buy a car, or go out to eat (etc). How about using the other 774 billion (or so) to stimulate lending, reinvest into infrastructure or create more jobs in the form of grants to contractors for "green projects." just an idea.

'Saving' jobs is such a crock, consultanty term...So if US loses another million jobs...Obama says well it could have 5 million, its only 1 million so I SAVED 4 million jobs...so please reelect me. It would have been different if he had said: "Will create 4 million jobs"...now that is something that can be tracked.

Basically, we will consume the money. Unions (teachers, auto et al) will get their payback for support (an expensive one at that). The infrastructure adds a 0.5 pt GDP short-term and fizzles. Debt balloons, currency craters, deflation kills us all.

NHViewpoint,

What would you do?