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October 7th, 2011 
FAKE NEWS for the Zionist agenda 
Fred Lucas
CNSNews.com
Friday, October 7, 2011
At a White House press conference on Thursday, President Barack Obama said the legislation he has proposed to create jobs could “grow the economy as much as 2 percent.” However, the White House estimates that the plan itself will cost $447 billion — or 2.97 percent of the 2011 GDP of $15.012 trillion that is currently projected by the federal Bureau of Economic Analysis. (See chart: GDP Chart from BEA.xls.)
The president also said at the press conference that his plan could create “as many as 1.9 million” jobs. If that is true, based on the plan’s estimated $447 billion cost, those jobs would cost an average of $235,263 to create.
“Go ask the Republicans what their plan is, if they’re opposed to the American Jobs Act and have it scored, have it assessed by the same independent economists that assessed our jobs plan,” Obama told reporters at the White House. “These independent economists say we can grow the economy as much as 2 percent and as many as 1.9 million workers would be back on the job.”
“I think it would be interesting to have them do the same assessment–same people,” said Obama. “Some of these folks, by the way, traditionally have worked for Republicans, not just Democrats. Have those economist evaluate what, over the next two years, the Republican jobs plan would do.”
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3 Responses to “Obama Says Jobs Plan Can Grow GDP as ‘Much as 2%’–But WH Estimates It Will Cost 3%”
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Playing the same old game, he is attempting buy people off with your taxpayer money. Oh but it’s borrowed money, excuse me, FUTURE taxpayer money, all you young people out there that he is trying to screw, again.
Didn’t this get old? I think we’ve been around this block already.
Hurting the nation is hurting YOU. That’s what he is proposing as a fix when all he really cares about is Buying Votes.
Obama Says Jobs Plan Can Grow GDP as ‘Much as 2%’–But WH Estimates It Will Cost 3%
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2 minus 3 = -1. Growth? Yeah…but for who?
Bravo2…..out
IamGreg Reply:
October 7th, 2011 at 3:15 pm
It’s newspeak. You take negative growth, drop the negative and label it simply as growth. And all the liberals cheer their messiah.
Wait until he applies this to a lack of food and the people have empty stomachs despite their messiah proclaiming that they are full.