House GOP Provides Welcome Perspective on Obama’s ‘Fuzzy Stimulus Math’

Since the night of November 4, 2008, I’ve mentioned more times than I can count how the future of the Republican Party–and therefore America as, like it or not, the GOP is Her best chance for continued growth and prosperity–depends upon the satisfaction of two basic elements: First, the party must distill its message even further than just the basic tenets of fiscal and social conservatism, bringing it down to the issue of the intended role of a limited federal government. Second, the party must change the way it handles outreach so as to better disseminate that distilled message.

The “role of government” message is crucial, I’ve said, because advocating a Jeffersonian approach to governance allows for a certain bit of flexibility that could woo those people in the center and even on the left concerned about the expansion of governmental scope without eroding the values holding firm the tent above those on the true right. As I see it, the polarization now attributed by the press and others on the left to traditional conservative ideals is actually more of a symptom of a lack of flexibility; for example, whether they realize it or not, the vast majority of people on both sides of the political spectrum practice fiscal conservatism in their own lives — the inability of those of us on the right to foment such a realization is more the problem than the ideals themselves. Therefore, instead of trying to forcibly instill fiscal responsibility and the lower-taxes-foster-growth concept, if we ask people how involved they want the federal government to be in every aspect of their daily lives, they might just figure it out for themselves.

Even more crucial, however, is how the GOP plans to transmit whatever message they choose to carry the party banner into 2010 and beyond. I’ve lamented the advantage currently enjoyed by the Democratic Party with regard to outreach and such — after all, they are a party of community organizers who have historically done little else beyond organizing people. Recently, however, I have been absolutely delighted by efforts made by the House Republican Conference in particular to disseminate the conservative message as an alternative to actions currently being taken by this spendthrift administration and Congress.

One such example of that, over and beyond the conference calls and press releases, is the GOP.gov Web site. So much information. So much insight on what’s being done on the other side of the aisle, and what’s being done by those on the right side of the aisle to stop it.

One entry in particular from the GOP.gov “Policy News” section was brought to my attention and, after receiving permission, I wanted to reproduce it in its entirety here:

Obama’s Fuzzy Stimulus Math
June 1, 2009

“In these last few months, the American Recovery and Reinvestment Act has saved or created nearly 150,000 jobs.”
- President Barack Obama, May 27, 2009.

In an attempt to justify Democrats’ massive $1 trillion “stimulus,” the Administration “plays a little loose with the facts.” However, the reality is far different than the fiction the President is writing.

Fiction: When he signed the stimulus, President Obama said that the legislation “will create or save 3.5 million jobs over the next two years.”

Reality: According to the Administration, $112 billion from the stimulus has been spent or obligated so far. Assuming that the President’s unsubstantiated claim that the legislation has saved 150,000 is correct, each job saved by the first $112 billion in stimulus spending cost $746,600. At that rate, the entire stimulus would “save” 1 million jobs—far less than the 1.6 million lost since the stimulus was signed. At a total cost of $787 billion, that is a net loss of at least 600,000 jobs.

Fiction: The stimulus has already created 150,000 jobs, as President Obama has stated repeatedly.

Reality:
The country has lost 1.6 million jobs since the stimulus was passed into law, and unemployment has increased from 8.1 percent in February to 8.9 percent in April.

Fiction: $45.6 billion of the stimulus has been spent and is helping struggling Americans.

Reality:
The Administration is exaggerating the amount of stimulus money that has actually been spent. For instance, the White House reported on May 5, 2009, that the Department of Labor had made $11.5 billion in payments to the unemployment trust fund. It was later revealed that the Department had only been given $1.1 billion. In reality, about $36 billion of the stimulus has been spent — less than five percent of the stimulus.

Fiction: As President Obama has proclaimed, the stimulus is “what we need to do to create jobs for Americans scrambling in the wake of layoffs, to provide relief for families worried they won’t be able to pay next month’s bills.”

Reality: According to analysis conducted by the Associated Press (AP), those Americans hardest hit by the economic downturn have received the least stimulus money. The AP stated that their study revealed that “states are planning to spend 50 percent more per person in areas with the lowest unemployment than in communities with the highest.”

Fiction: The stimulus funds are being spent on hundreds of important projects, which are closely tracked and specifically reported by the White House.

Reality: The Administration has reported misleading and false information about how the stimulus money is being spent. In Vice President Biden’s report, “100 Days, 100 Projects,” the White House falsely claims that the very first project highlighted in the report had received $27 million for a public housing development in Washington, D.C. However, it was later revealed that the Administration’s report was false and the project had only received $59,000.

Fiction: The President is committed to “transparency and accountability” and has created Recovery.org so the American people can “see how the money is being spent.”

Reality: According to a Washington Post report titled, “Tracking Stimulus Spending May Not Be as Easy as Promised,” it was revealed that Recovery.org offers “little beyond news releases, general breakdowns of spending, and acronym-laden spreadsheets and timelines.” Even House Education and Labor Committee Chairman, Brad Miller (D-CA), admitted the Administration “may not achieve the transparency they set out to.”

This is the type of thing we need to be able to effectively fight the left in the upcoming election. We face an uphill battle in rollerskates, as the Democrats will be expertly wielding their mainstream press like we’ve never seen before. They’re cocky, they’re arrogant, and they firmly believe that the control they have over the media can translate to control over the American public.

They will try, just as they’ve been trying most recently on the issues of Guantanamo Bay and the confirmation of Sonia Sotomayor, to shape the issue so as to best serve their agenda. We cannot fall for it, and the best way to fight it–and them–is with facts and truth. That’s why the outreach I’m seeing from the House GOP is so important. But that’s also why it cannot stop with sites like America’s Right. Talk to your neighbors, talk to your friends, get involved.

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Comments

  1. Anonymous says:

    What if common sense and facts aren't enough? How do you change people's minds with facts who don't even care about anything other than race or popularity?

  2. dianenine says:

    Great information. I'm going to send it along to all of my friends.

  3. Anonymous says:

    Jeff,

    Did you see the latest from Dick Morris?

    http://www.dickmorris.com/blog/2009/06/03/the-failure-of-obamanomics/

    If the numbers are true then we're in deeper dookie than I thought…

  4. Gail B says:

    Hot diggity-DOG! Thank you! Beautiful!

    I just read it to my conservative, retired civil engineering friend. He let out a belly laugh at some of Obama's statements.

    He said, "Figures don't lie, but liars figure!" (He had his IQ tested back in grammar school, and it was 162 back then. He's really sharp and equally kind.)

  5. Anonymous says:

    Jeff..what do you know about the Bilderberg Group? I believe Obama has perpetrated the perfect fraud on this nation…he is involved in a massive web of deceit and the strings are being pulled by the elitists of the world to bring our system down. They will eventually introduce the World currency when our dollar fails…it is all being orchestrated. I am not an alarmist but I believe this is true. We are facing a very frightening future and we have no one who seems to be interested in halting this assault.
    God Help Us!

  6. Bobby K. says:

    Is anyone else tired of this czar stuff, they are now talking about a pay czar, what country are we living in, stop the madness

  7. JEFF SCHREIBER says:

    Bobby — there should be a blurb on the WSJ pay czar piece here at about 9:15am Eastern.

    So, yes, everyone's talking about it. And, yes, I'm tired of it too.

  8. tm says:

    The market rally for the past couple of days is called a "Bear market rally with legs". March was not the bottom. This is a bear market rally ending at S&P 1000 ish.Then S&P will crash back down to reality at 400-500 ish.
    Jeff is dead on about all the hypocrisy.
    Gird your loins my friends – this is really just the beginning. Stock analysts have been turning my hair grey since march. We all agree and predict that the American people do not have a clue what is coming around the corner with the outright deceit going on.

    Here is another Hmmm ??…..article
    Santelli Claims Geithner 'Lying to the American People' on
    Monetization of Debt

    With the federal government issuing massive amounts of debt and the Federal Reserve purchasing it in the name of keeping interest rates down, questions have arisen about impact on the U.S. dollar.

    On June 2, CNBC's "Power Lunch," aired a clip of the network's chief economics reporter, Steve Liesman interviewing Secretary of the Treasury Timothy Geithner. Geithner claimed the Federal Reserve wasn't monetizing the debt the government was accruing. Following that clip, CNBC's Chicago Mercantile Exchange floor reporter Rick Santelli, famous for inspiring the anti-tax-and-spending tea parties, questioned Geithner's denial of debt monetization.

    "Well, you know the first part of that question was economists are worried about quantitative easing – are we monetizing?" Santelli said. "And his answer was no, we have a strong independent central bank. Now the latter may be true but it certainly isn't an answer to the question and I put forth, and I'd like feedback everybody – that quantitative easing can't exist without the monetization process. We issue debt; we print the money to buy it. That is monetizing. I can't believe that was his answer."
    Santelli explained that by definition that is what the Fed is doing – diluting the dollar to monetize debt. He also brought up the possibility of the sterilization process the Japanese government used in the early 1990s during a similar financial crisis.

    "By diluting the dollar to purchase the debt is monetizing," Santelli explained. "I don't know any other way quantitative easing can be expressed. Now if there's a sterilization process like the Japanese, let's talk about that. But to the best of my knowledge, there is not."

    He also noted the message Geithner relayed contradicted what was coming out of the Federal Reserve.

    "Saying you have a strong dollar policy – we know that's disingenuous, but blatantly saying they're not monetizing when the March statement for the first time ever expressed quantitative easing and put it on the map, I just think that that's the wrong answer."

    "Power Lunch" co-host Sue Herrera asked if Geithner had any other choice but to monetize debt, but as Santelli pointed out, even if it were true he had no choice he's not being forthright.

    "It's not a question of a choice," Santelli said. "He's not telling the truth and if he doesn't understand it, that's more scary. And if he understands it, he's lying to the American people."

    http://newsbusters.org/blogs/jeff-poor/2009/06/03/santelli-claims-geithner-lying-american-people-monetization-debt

  9. Bobby K. says:

    Thanks Jeff

  10. Anonymous says:

    Thank you Jeff! Great article to send to others and to use when talking to liberal friends to bring them back to reality. Also, kudos to the person with the quote – "Figures don't lie, but liars figure!" I had heard this so long ago and forgot it. This is exactly what is going on. The whole Obama campaign is an illusion and he continues to use his magic tricks to hoodwink the American people. It is time to reveal the man behind the curtain and Jeff you are so right…the truth backed up by facts is the way to go!!

  11. Rix says:

    Bitter as it sounds, my Russian and Israeli experience clearly shows that by controlling the full power of the TV and printed media, one party can dictate its agenda to the sufficiently large part of the population, allowing to predictably and reliably win the elections (Israel was redeemed 1996 and 2009 thanks solely to the very large population sector that pointedly ignores the mainstream media). I will repeat again, and again, and again until it sinks: unless somethign drastic happens, there will be no free popular elections in 2012 as you knew them because of a) massive voter fraud, b) non-stop propaganda by MSM, and c) significant demographic changes. I have already seen it done, folks.

  12. suek says:

    So Rix…

    If you've already seen it done (and I'm not doubting you), do you have any ideas about how to stop/change it?

    What's it going to take??

  13. Anonymous says:

    Anyone want to venture a guess as to why this "HUGE" story is not plastered all over the headlines?

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aAKluP7yIwJY

  14. Rix says:

    > So Rix…
    > If you've already seen it done (and I'm not doubting you), do you
    > have any ideas about how to stop/change it?
    > What's it going to take??

    Actually yes, I have. I happened to mention it a few times. A mass refusal to pay income tax, organized and supported by a few publicly visible people is the only way that doesn't involve shooting (at least in the beginning) and delivers the right message. It would not work in Russia where the people are unorganized, unarmed and used to live in physical fear of the regime. It would not work in Israel where the key question is national security rather than economy. But in America, the country founded on the idea of non-intrusive government that does not interfere with economy, it must work. It better will – because, short of armed uprising which rarely yields anything positive, there are other ways.

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