-By Warner Todd Huston
One of the first states to attempt to tally the “new jobs” that Obama’s stimulus created has issued its first report and the news is rather discreditable to say the least. New Hampshire’s Director of the Economic Stimulus, Bud Fitch, recently put out his report and he is asserting that the stimulus “saved” or created 796 jobs in all of the state. Naturally 700 of those jobs were government jobs.
New Hampshire Public Radio interviewed economist Brian Gottlob who warned that the supposed 700 jobs saved, nearly all were in education, were probably not jobs on the chopping block in the first place. So to say that these jobs were “saved” is a bit absurd.
Gottlob says that few of these jobs in education would have been cut because the budgets would have been found to keep them stimulus or no. It is infrequent that state jobs in education have been cut in the past, according to Gottlob, so to say that the stimulus “saved” these jobs is not very credible.
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Obama’s Stimulus a Farce in New Hampshire”