Was President Obamas quote about saving or creating 150,000 jobs just fuzzy math?
The following is not a full transcript; for full story, listen to audio. In his prime time press conference last week, President Obama credited his Economic Recovery Act with the creation of 150,000 jobs. It’s an astonishing number. But is this a case of some slightly fuzzy math? “When you think of 150,000 jobs, you are thinking of men, women out in those bulldozers, buidling those roads. But, guess what — it is an estimate.” says “The Takeaway’s” Political Director, Andrea Bernstein. “There is money that’s gone out into the economy , without question. People are starting to see bigger paychecks because of tax cuts, people are starting to get increased food stamps benefits, unemplyment compensation has been expanded, so there is definitely money going out into the economy. People are being able to go out and use that money.” Bernstein called a few states to inquire how many jobs had actually been created as a result of the stimulus package so far. She discovered that New York state cr