
President Obama set the tone early on. In the administration that promised an unprecedented level of transparency, they were going to be crystal clear in demonstrating the efficacy of their policies in the place where it mattered most: Jobs. While previous administrations traditionally utilized the traditional Payroll or Household Surveys to measure the effect of their policies, this administration was turning a new page in government accountability, jobs that were “Saved or Created”. Rather than tethering themselves to what was actually going on in the economy, President Obama created a fantasy measurement with no correlation to anything but their imagination, something that could be neither be proved nor disproved. Saved or Created is such a vacuous measure that it would actually be possible for the administration to claim they had saved virtually every job in America. One could imagine President Obama giving the following statement to start off the Summer of Recovery:
“The country’s economic situation when we took over was so bad we were forced to take drastic measures. The single most significant measure we took, The American Recovery and Reinvestment Act was a resounding success. Uncertainty at the time was deep and widespread: There were suggestions China was preparing to dump American bonds, OPEC was looking at pricing oil in Euros and companies across the country were considering mass layoffs to conserve cash. The American Recovery and Reinvestment Act gave international markets and domestic employers the confidence that our administration was going to do what was necessary to bring order to America’s economic house after eight years of economic mismanagement. As a direct result of that stimulus bill and our sound economic policies, the 25 million jobs that our internal analysis suggested might be lost were indeed saved and I’m glad to say here today that we have put our economy back on solid footing and America is beginning to grow once again.”While he didn’t actually make the above statement, given the lack of substance underlying the Saved or Created measure and the media’s proclivity to paint everything Obama in glowing hues, one wonders why they didn’t.
Now that the Summer of Recovery has been shown to be on life support and Saved or Created has not helped President Obama’s cratering approval ratings, the administration has just rolled out the latest measure for demonstrating the genius of their economic policy… “Lives Touched”. According to CHT2M Hill, the company that received 4 or the 10 largest contracts under the stimulus plan:
"Lives Touched" is a figure that the U.S. Department of Energy (DOE) uses to track the amount of people who have been positively affected by the Recovery Act funds. This total would include people who have been provided full time employment (i.e. saved and created jobs) through the Recovery Act and people who at some point have supported a project funded by the Recovery Act.First Saved or Created and now Lives Touched? Really? Such idiocy could only happen in a country where embarrassment, shame and humiliation have ceased to exist. What else explains the willingness of the administration to seriously suggest such tools to measure economic efficacy? That is the mentality of

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