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650,000 jobs saved, White House says
Joe Biden says the economic stimulus plan is "operating as advertised."
One of the stimulus projects under way in the Tulsa area is the bridgework on the southbound U.S. 75 on ramp at eastbound Interstate 244. The government said Friday the national stimulus plan is working. CORY YOUNG/ Tulsa World
By MATT APUZZO and BRETT J. BLACKLEDGE Associated Press
Published:
10/31/2009 2:26 AM
Last Modified: 10/31/2009 11:36 AM
Related story:
Funds for state net 8,747 jobs.
WASHINGTON — Nearly 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the government said Friday, and the White House declared the nation on track to meet the president's goal of 3.5 million by the end of next year.
New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were released, showing 640,329 positions credited to the stimulus, according to the independent federal board monitoring the program's progress.
Teachers and other education employees represent the largest number of jobs in the report — about 325,000. With state budgets in crisis, federal aid helped governors avoid major cuts in education, which officials said spared many teachers and school workers from the unemployment line.
Vice President Joe Biden said the recovery plan "is operating as advertised" and on target to reach Obama's goal.
"We're starting to make real progress on the road to recovery," Biden said.
Republican Senate Leader Mitch McConnell said "it's bewildering" to see the Obama administration's job-creation claims when 3 million jobs have been lost since Congress approved the program.
White House economic adviser Jared Bernstein said the figures show that, when adding in jobs linked to $288 billion in tax cuts, the stimulus has created or saved more than 1 million jobs.
The new data released late Friday represents 156,614 federal contracts, grants and loans awarded to more than 62,000 state and local governments, companies, school districts, universities and nonprofits worth a total of $215 billion. The largest numbers of jobs were created or saved by state governments. California received nearly twice as many stimulus contracts, grants and loans — $26.9 billion — as any other state, followed by New York with $14.5 billion and Texas with $13 billion.
Among the largest nongovernment creators or saviors of jobs were construction company Shelco Inc. of Raleigh, N.C., with 836 jobs; and nuclear-waste cleanup firm Savannah River Nuclear Solutions LLC of Aiken, S.C., with 800 jobs.
Government recovery plans — everything from the $787 billion stimulus to tax credits for buying new homes to government deals on new cars — are credited with helping the economy grow again after a long and deep recession.
But the job market has yet to show signs of recovery, putting pressure on the White House to show that the stimulus was worth its hefty price. The economy has shed millions of jobs since Obama signed the stimulus in February, giving Republicans ammunition to say the government is spending too much for too little effect.
The White House said the latest report bolstered its case that the recession would have been far worse without the stimulus — a package of government spending, tax cuts, state aid and social programs.
The numbers released Friday have limitations, since calculating "jobs saved" will always produce an inexact estimate, and collecting data from so many sources is certain to produce errors.
By MATT APUZZO and BRETT J. BLACKLEDGE Associated Press
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9er
, (10/31/2009 6:17:57 AM)
BS
Report Comment
emotional_sting
, tulsa - (10/31/2009 6:32:47 AM)
bankers and financial types are doing great...
what's the problem?
Report Comment
Online predator
, Muskogee (10/31/2009 6:55:35 AM)
O thank you great one!
Report Comment
papaM
, (10/31/2009 7:23:38 AM)
Its funny, just a few months in office and there was enough time to get a project as big as this going.OH great one,help I44 project next.
Report Comment
Isaac Parker
, Tulsa (10/31/2009 7:26:20 AM)
More Biden "baloney" from the AP. The Obama socialists have done nothing but spend money saving unions and other welfare/infrastructure projects that don't create jobs. Most everyone knows that real jobs are created by small business (60-80%). Where is the incentive/stimulus money for small business? The Obummer socialists are only interested in a massive transfer of wealth to the lower class as evidenced by the unworkable, bureaucratic, new health care system. The Obummer socialist takeover is well underway. The new USSR...United States Socialist Republic.
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mongo76
, (10/31/2009 7:39:00 AM)
Is this "groundhog day"? Same story/headline two days in a row.
Must be true since AP & TW ran the story twice.
Report Comment
DB Troubadour
, Global (10/31/2009 7:39:41 AM)
"bankers and financial types are doing great..."
Isn't that how your sacred and irrefutable Trickle Down Economics begins?
Report Comment
Thunder196
, Tulsa (10/31/2009 8:06:57 AM)
And now the rest of the story:
The stimulus money used, was only for 1 year. Even the recipients of the money for these projects are saying after the year is up, they will probably be laying these people off.
Report Comment
Thunder196
, Tulsa (10/31/2009 8:12:00 AM)
Unemployment almost 10%. I don't think I would brag even if the 650,000 was a true figure. That is not success, that is a failure. With a capital "F".
Report Comment
fredsdad
, Tulsa, OK (10/31/2009 8:13:50 AM)
640,329?
That is rather surreal accuracy. I hope #431,717 doesn't die from swine flu and screw up the whole program.
Report Comment
mongo76
, (10/31/2009 8:15:59 AM)
New unemployment figures will be released next Friday and then we can all decide if 640,329 jobs were saved or created.
Report Comment
hp
, mcaleste (10/31/2009 8:42:34 AM)
after 8 years of Bush and the Republicans its going to take more than 9 months to straighten things out. It took many years of stimulation and a war to straighten out the last great Republican depression. The Administration said it would take a while. I wonder if you conservatives think things would be better if McCain and the Republicans were in power. Then we would have a lot to worry about.
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DanDDiver
, Vail, CO (10/31/2009 8:44:20 AM)
Wow. This is starting to sound like some third world dictators controlled media propaganda.
This is BS.
Bank Of America gets a huge bailout, CEO's get their enormous bonuses out of the Trillion dollar stimulus package, then they want to charge their customers a fee for having perfect credit?!
It's time for the new American Revolution folks. It starts with you and with your neighbors. It's time to rid ourselves of corrupt, greedy politicians, lobbyist and CEOs.
It's time for Americans like you and me to do something because no one else cares for us. Certainly not our bankers nor our elected officials.
Rise up! We're not going to stand for business as usual.
Report Comment
marine2.0
, (10/31/2009 8:48:57 AM)
There should be a prerequisite that before the blowhards in Washington spit out numbers and figures that at the minium they add up. So 650,000 jobs were created or saved. First off there is no way what so ever to measure a saved job. Second is that if 650,000 jobs were created or saved and according to the administration we have seen the highest impact of the results of the stimulus this year with the impact lessening next year, how in the H@## do we get to 3.5 million more jobs. I mean its not like there is a difference of 2.8 million or anything.
For all you liberals that think that you can count saved jobs I will give you an example of how the numbers are sku'd. Tulsa has the choice to make cuts in the budget to save police jobs or accept the federal grant money to use for those jobs. Tulsa decides to use the grant money for the jobs so now that counts has a saved job. However if the grant money was not available would Tulsa cut some budget items to save those jobs? For instance like the take home police cars.Just because several entities chose to use tax payer funds,stimulus dollars, does not constitute whether the job would or would not have been created or kept. It is all smoke and mirrors.
DB, trickle down is irrefutable. I don't know the last time a poor man created a job. See the problems with liberals is that their thinking is so simplistic and illogical. If I give an individual $500 tax refund then for some reson they think that is noble, but if it is given to a business then that is wrong because you believe that the money will help the indivual far greater than the business. WRONG. $500 might be the only thing that prevents a company from hiring more people. They may have enough revenue for salary but not enough on the books for benefits so therefore not able to hire.It becomes the tipping point needed to be able to increase productivity.With increased productivity one gets increased revenue. Not difficult to comprehend when emotion is taken away from the equation.
"Give a man a fish and he eats for a day, but teach him to fish and he eats for a lifetime."
Report Comment
hp
, mcaleste (10/31/2009 9:01:55 AM)
The Republicans lost because they don't know how to govern. That's why only 20% of the people identify themselves as Republicans (they all must be in Oklahoma). Their ideas are bankrupt and the electorate knows it. Their ideas about economics are proven over and over again to not work. Beginning with Reagan, they have systematically dismantled the middle class in this country and now the Democrats (like they did in the 30's) will have to build it back.
Report Comment
terryf
, (10/31/2009 9:23:39 AM)
Its a shame. All the statements designed to cater to the multitude of idiots that would be inclined to believe what they read. If Obama would have taken the 800 billion and gave everyone a free year to pay NO taxes last year all that extra money we would have all gottenon our paychecks would now be drilled right into our economy and we would really have good news to report about the strength of our economy. But no, here we are with smoke and mirrors and false ridiculous claims designed to appease the majority which are--- idiots.
Report Comment
flyingtheo
, Broken Arrow (10/31/2009 9:38:36 AM)
If you believe this political spin by the spinmeisters in Washington, I've got some ocean front property in Arizona I would like to interest you in.
Report Comment
longhorn sam
, westex (10/31/2009 9:40:15 AM)
Last month Biden was so excited that he urinated himself while saying that 150,000 jobs had been saved or created so far because of the stimulus bill. Whats Biden going to do now that an additional 500,000 were saved or created in one month alone.
Report Comment
tfromtulsa
, Tulsa (10/31/2009 9:46:29 AM)
What a complete crock of ....
Report Comment
bruinsooner
, (10/31/2009 9:49:55 AM)
650,000 jobs created or saved. I believe that statement is BS but I'll give Obama and Biden the benefit of doubt.
The real statistic is millions have lost their jobs since his "stimulus" began.
And where did Obama get the stimulus money? Where did all that cash come from? How about some accountability?
Report Comment
mr.peabody
, country side oklahoma (10/31/2009 9:52:55 AM)
Went to the casino and lost 300 dollars, but the good news is that I left with 65 that I didn't spend.
I saved 65 dollars!
Report Comment
THESMOKEHOLE
, Tulsa (10/31/2009 9:54:21 AM)
Exactly...Mr. Peabody nailed it...
Report Comment
4 real
, (10/31/2009 10:13:00 AM)
Bandaid fix. The wound is still bleeding.
Report Comment
THESMOKEHOLE
, Tulsa (10/31/2009 10:14:01 AM)
How do you measure jobs saved? I'm still working...does that mean my job was saved...
Report Comment
marine2.0
, (10/31/2009 10:28:50 AM)
Hp, you are just a typical left wing blowhard that throws reason out the door and uses emotion as the foundation for your critique. Most of the country identifies themselves as center to right, meaning conservative. Here is a novel idea for you. Instead of just spouting off in generalities you actually break the arguement. How are saved jobs counted? Is it a real number? Show me the grand formula to which they used to make a comparable analysis of jobs that would have been lost to jobs to jobs that were saved? The beauty of statistical data is that it can be manipulated to achieve a desired result.One figure that doesn't lie is the jobless claims number. So in comparison with the "mythical" saved jobs number the comparison is truly sad and pathetic.
Oh, do tell what is your economic design that is so superior to the trickle down theory?
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