The Washington Post reported on March 9 that Employers for a Healthy Economy, a coalition of business groups that includes the National Association of Manufacturers and the U.S. Chamber of Commerce, plans to spend up to $10 million running an ad about the effects of health care legislation on the economy. The ad, which portrays workers and businesses going through difficult times, says that "health care costs will go even higher" and that this will "[make] a tough economy even worse." These... Click to Read the Full Post
We’ve been questioning the Obama administration’s claim that the stimulus bill would "save or create more than 3.5 million jobs" since the president began saying it. In February, we pointed out that although several economists made such a projection, they all said there was a lot of uncertainty surrounding these estimates. Late last year, the administration’s effort to count actual stimulus-created (or saved) jobs was plagued by the reporting of jobs in nonexistent congressional... Click to Read the Full Post
Summary We’re always alert for signs that the president (any president) is overselling his programs. Here’s what we heard in President Obama’s speech on Tuesday announcing new efforts to create jobs: He highlighted a Congressional Budget Office estimate that "up to" 1.6 million jobs resulted from stimulus spending, but was silent about CBO’s estimate that the total could be as small as 600,000. He said stimulus spending was "only a very small part" of... Click to Read the Full Post
Reports from journalists and the Government Accountability Office last month about problems with the data on Recovery.gov cast doubt on the site’s claim that more than 640,000 jobs had been created or saved by the Obama administration’s American Recovery and Reinvestment Act. Meanwhile Obama upped the ante, putting the figure at more than 1 million. On Nov. 12, for example, in announcing this month’s jobs summit, he said that the stimulus had “created and saved more than... Click to Read the Full Post
We reported yesterday that the federal government’s Recovery.gov Web site, which purports to track jobs created or saved with stimulus money, was citing new jobs in nonexistent congressional districts. Today a new report from the Government Accountability Office brings news that phantom districts aren’t the only problem. GAO found almost 4,000 reports that showed jobs created or saved but no money received or expended. Those reports represented more than 50,000 jobs. Recovery.gov’s... Click to Read the Full Post
The Obama administration’s Recovery.gov Web site is supposed to compile data on actual, real-life jobs filled by companies and states that have received real money from the American Recovery and Reinvestment Act (a.k.a. the stimulus). But the site claims that jobs exist in congressional districts that don’t. This is a site, by the way, that says it "allows for the reporting of potential fraud, waste, and abuse." ABC News reported the discrepancies Nov. 16, pointing out that... Click to Read the Full Post
Summary Would the House-passed health care bill make a tough economy worse and wipe out more jobs, as claimed in a TV ad from the U.S. Chamber of Commerce? Or would it help small business and encourage economic growth, as claimed in an ad sponsored by a big labor union and other supporters of federal efforts to expand health insurance coverage? Who’s right? Will jobs be lost as businesses are required to cover their employees? Or will the economy, and jobs picture, brighten as almost all Americans... Click to Read the Full Post
Summary A TV ad sponsored by business groups claims a bill to curb carbon emissions "will cost up to 2.4 million U.S. jobs" if enacted. That directly contradicts claims by President Obama and his allies who say the bill would create jobs – 1.7 million of them according to one TV spot. Who’s right? It’s true that limiting carbon emissions would create some jobs – building wind turbines or insulating homes and businesses, for example. But it’s equally true that... Click to Read the Full Post
Summary Two new Republican ads targeting New Jersey Gov. Jon Corzine contain a few misleading claims. One ad suggests that Corzine is responsible for New Jersey’s business climate being "among the worst in the nation." But the survey cited as the source of the claim shows that the perception of New Jersey’s business climate has improved under Corzine. The same ad also suggests that it’s Corzine’s fault that "unemployment is up 73 percent" in the state.... Click to Read the Full Post
Summary The campaign to fill the vacant House seat in New York’s 20th congressional district is the race that keeps on giving – giving false and misleading ads, at least. Two new spots, one from Democratic businessman Scott Murphy and another from his foe, Republican state Assembly Minority Leader Jim Tedisco, both take liberties with the facts. Tedisco’s spot says Murphy "supported a loophole letting AIG executives keep their bonuses." That’s false. Murphy voiced... Click to Read the Full Post
