New Sales Pitch

After criticism of its promotion of efforts to supposedly stimulate (read: wastefully spend money the government doesn’t have) the economy (noted previously on this blog), the Obama adminstration is now tweaking its sales pitch. Instead of dubiously referring to jobs “saved or created,” it will now call them jobs “funded.” One example of the media picking up this new terminology is here.

The new name is meant to convey the following:

… any “stimulus” money used to cover payroll will be included in the jobs program, including pay raises for existing employees and pay for people who were never in jeopardy of losing their positions.

Peter Orszag, the White House’s director for the Office of Management and Budget released a memo last month detailing the change. Part of it suggested the following:

In addition, recipients will no longer be required to make a subjective judgment on whether jobs were created or retained as a result of the Recovery Act. Instead, recipients will more easily and objectively report on jobs funded with Recovery Act dollars. This update aligns with GAO’s recommendation to “[make] more explicit that ‘jobs created or retained’ are to be reported as hours worked and paid for with Recovery Act funds.”

In other words, jobs aren’t necessarily being created or saved.  In the end it means a new name with the same disappointing results.

Advertisements

2 Responses to New Sales Pitch

  1. […] President Obama put forth certain steps to include in a “jobs bill” (read: another stimulus bill) last night in his first State of the Union Address. These steps included the […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: