Topic: Employment Statistics

1 chapters across the catalog

Crackpot & The Buzz-Kill
Episode 68 13:36 - 15:25

68: Crackpot & The Buzz-Kill

Stimulus Package, Job Creation vs Job Saving

The Obama administration's claim that the stimulus package will "create or save" three million jobs is scrutinized as a linguistic trick that makes accountability impossible. Reference is made to C-SPAN footage of Hank Paulson warning of a total money market collapse to justify emergency spending. Critics argue the "saving" metric allows the government to claim success regardless of actual employment trends.