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Tuesday, February 17, 2009

We’ll Be Watching

We applaud the White House for releasing projected job growth by congressional district [PDF]. Well, let’s qualify that—the White House lists jobs the stimulus package will “create or save” by congressional district. According to the Obama administration’s statement:

The estimates are derived from an analysis of the overall employment impact of the American Recovery and Reinvestment Act conducted by Christina Romer, Chair of the Council of Economic Advisers, and Jared Bernstein, Chief Economist for the Vice President, and detailed estimates of the working age population, employment, and industrial composition by district.

Estimating the jobs this plan will create “or save” seems like a strange way to measure the success of this bill. Regardless, here’s how the Granite State will fair, allegedly:

First Congressional District -- 8,000
Second Congressional District -- 7,800

STEWARD of Prosperity is deeply skeptical that this plan will work. And we will be watching to hold the Obama administration accountable.

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