Accomplishments of President Obama

[Happy Monkey]

Originally Posted by classicman

One thing that I found of note, was that this was sold on "jobs created" and then morphed in "jobs saved or created"
What is the difference between the two?
Does it matter?

You can probably save more jobs with the same money than you could create, given spinup and training costs. Otherwise, there's no important difference I can see.

How are they actually determining the number of jobs? That formula actually changed midstream as well. According to the way I read it. The calculation is based upon man hours. If that is the case, then 2 part timers working 20 hours a week is the same as one full time job at 40 hrs.
Again - does it matter? Whats the difference?

Well, the reporting number ends up lower in that instance. They could claim that two people got jobs, but then be open to argument that they are part-time jobs. Reporting them as hours is probably more useful as a measurement of recovery.

[classicman]

Originally Posted by Happy Monkey

You can probably save more jobs with the same money than you could create, given spinup and training costs. Otherwise, there's no important difference I can see.

I agree completely. Thats the reason why I think the change took place from "created" to "saved or created" I'm not sure how to figure out what the real difference is between the two. It still seemed a little disingenuous to change it to include the saved jobs.
However, the optimist will say that the program was designed to do both ...
I think its REALLY difficult to put any accurate number on the saved part of the equation and gives the gov't a lot of wiggle room on their numbers. Perhaps they should report each of therm separately.

Well, the reporting number ends up lower in that instance. They could claim that two people got jobs, but then be open to argument that they are part-time jobs. Reporting them as hours is probably more useful as a measurement of recovery.

I agree, but the public is probably not savvy enough to deal with hours vs jobs.