The White House's massive stimulus plan funded 599,108 jobs in the fourth quarter, administration officials said Saturday.
Sounds good, n'est-ce pas?
One thing is for certain: The first jobs tally, which showed 640,000 jobs were created, contained numerous errors. After that October report, the administration changed the criteria for counting stimulus-funded jobs. The goal was to make it simpler for recipients to accurately report headcounts.
Recipients no longer have to determine whether a job was "created" or "saved" by stimulus funds, only that it was "funded" by the Recovery Act. Also, the reports only track jobs on a quarterly basis instead of keeping a running total.
So, in effect, the jobs "funded" could conceivably not be "created" but, in fact, would already be "existing," meaning the money was used for "same old, same old."
And they got this all squared away in the past three months.
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