How does one measure a "saved" job? (global warming, Whitehouse, Obama)

[Sonrise]

I'm constantly reading how many jobs the current administration has "saved", but how would one even be able to quantify/ calculate this? Serious question.

[summers73]

Impossible to quantify. But then again, Keynesians have been promoting their own version of causal theory for decades now, even rewriting great depression history. When you have a stranglehold of so many universities, it's easy to spread the word.

[cleanhouse]

Originally Posted by summers73

Impossible to quantify. But then again, Keynesians have been promoting their own version of causal theory for decades now, even rewriting great depression history. When you have a stranglehold of so many universities, it's easy to spread the word.

The sheep will follow the word of the Whitehosue though.
Its the Whitehouse - How can it be wrong?

[summers73]

Originally Posted by cleanhouse

The sheep will follow the word of the Whitehosue though.
Its the Whitehouse - How can it be wrong?

I think whitehouse dot com is more informative than whitehouse dot org.

EDIT: Nevermind, that website used to be a p0rn site, now it's whatever.

[ManGoneADreamin]

Originally Posted by Sonrise

I'm constantly reading how many jobs the current administration has "saved", but how would one even be able to quantify/ calculate this? Serious question.

i heard them say one time that they took the number of jobs they think would be lost next quarter... like they just pick a number - say 750,000 .... well, they wait, and see how many jobs were actually lost - say it was 600,000 ... then they make a press release saying they saved 150,000 jobs.

yep, it's about as accurate as the gov't paid (through grants) scientists on global warming

[delusianne]

Originally Posted by Sonrise

I'm constantly reading how many jobs the current administration has "saved", but how would one even be able to quantify/ calculate this? Serious question.

x-amount of money is given that´s specified to cover x-position for x-amount of time at x-rate?

[ManGoneADreamin]

Originally Posted by delusianne

x-amount of money is given that´s specified to cover x-position for x-amount of time at x-rate?

argh....... It is pretty much impossible to figure something like "how many jobs did we save" or "how well did the stimulus work"

economics is just a small model science.. it can only take an educated guess at what will happen in the real world...



the better question is "how many employers fired employees b.c they believe obama will raise taxes and put more regulations on their business"


and I bet the answer is : more than the amount of jobs saved by the "stimulus"

[delusianne]

Originally Posted by ManGoneADreamin

argh....... It is pretty much impossible to figure something like "how many jobs did we save" or "how well did the stimulus work"

economics is just a small model science.. it can only take an educated guess at what will happen in the real world...

the better question is "how many employers fired employees b.c they believe obama will raise taxes and put more regulations on their business"

Why isnt that a good formula? Seems right to me.

[Moose Whisperer]

Originally Posted by Sonrise

but how would one even be able to quantify/ calculate this? Serious question.

You can't. It's all BS like everything else spewing forth from that sewer (aka Washington DC).

[ovcatto]

For a number of state agencies and municipalities it has been quite easy.

Take the number of people that were about to be laid off until x amount of dollars were received in the form of stimulus dollars. If x stimulus dollars kept y employees from being laid off, the total of y is the number of jobs saved.

Pretty simple when you think about it.