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Can someone help me identify where this lie came from

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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:34 PM
Original message
Can someone help me identify where this lie came from
and how to answer it?

"In February of 2009, President Obama signed a $787 Billion dollar stimulus to get people back to work. Since that day, there are 2.4 million fewer jobs in our country."
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:42 PM
Response to Original message
1. Looks like the RW "Media Research Center"
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:42 PM
Response to Original message
2. BLS tracks total employment in the US monthly. Go to the site and
Edited on Sat Jul-16-11 06:48 PM by leveymg
you will see net job creation since February, 2009. However, be aware that 190,000 jobs have to be created each month just to keep up with population increase, so those months with less than that count as net jobs lost. Here's the chart since 01/09. Notice the huge negative job numbers in 2009 that are not outweighed by 2010-11, so far.

Botton line, that stat may be correct: http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
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mmonk Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:43 PM
Response to Original message
3. Jobs aren't lost through stimulus.
They can be lost through budget cutting (currently 1 million and rising) and economic downturns creating less demand.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:44 PM
Response to Original message
4. Sounds like something I hear d on the Tabloid Station.
Listen to Faux fro a while and I am sure you will hear something
very close.

The Democrats are going to have to clear up a lot of lies.
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Make7 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:48 PM
Response to Original message
5. CNS News
 
http://cnsnews.com/news/article/24-million-fewer-jobs-obama-signed-econo">http://cnsnews.com/news/article/24-million-fewer-jobs-obama-signed-econo
 
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rosesaylavee Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 06:52 PM
Response to Original message
6. Here's what I found on the google
I went back chronologically using the phrase ' 2.4 million fewer jobs'. Found what I think is the origin (maybe) by connecting with this blog/entry from July 10: http://richardjgrant.com/ which references this idea dated July 1 here: http://www.aier.org/research/briefs/2485-the-downside-of-monetary-easing

Not sure if that is the answer but it's what I came up with after a 10 minute search.
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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 07:17 PM
Response to Reply #6
8. Thanks. I guess the important thing is that the economy
was losing 800,000 jobs a month during the Bush administration and for the first several months after Obama took effect -- the stimulus couldn't have any immediate effect.
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rosesaylavee Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 09:12 PM
Response to Reply #8
9. Exactly.
And what would have happened if Congress had extended the stimulus?
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-16-11 07:07 PM
Response to Original message
7. Rick Santorum started tried to spread this on CNN
the interviewer smacked him down HARD for it:

http://www.youtube.com/watch?v=fDmJ8P2T8UU
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