Friday, October 30, 2009

Perspective: A Job Saved Is A Job Created?

As referenced under the 12 Myths of Economic Development, the jobs-saved-versus-jobs-created debate makes for some rather creative accounting.

Now, though, the concept is making its way into the public psyche, given the prevalence of the stimulus bill:

http://newsbusters.org/blogs/noel-sheppard/2009/10/30/cbs-white-house-stimulus-jobs-numbers-hard-believe
http://blogs.abcnews.com/politicalpunch/2009/10/160000-per-stimulus-job-white-house-calls-that-calculator-abuse.html
http://apnews.myway.com/article/20091029/D9BKMVMG0.html
http://www.washingtonpost.com/wp-dyn/content/article/2009/10/28/AR2009102804540_pf.html
http://www.bloomberg.com/apps/news?pid=20601039&sid=aUuHhaDx8Hr8

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