189. Told You It Was Coming -- Jobs vs. Stimulus Package

In a previous post I indicated that somehow Obama would make it look like job creations were better (in a post related to STOCKS and the market going up in December). Today, according to this article, he did precisely that. Now, instead of using his already incorrect job reporting methods, he will "improve" his job creations by counting a job created whenever he sends money to fund something. Duh. Send $1 to 1M businesses and instantly he created 1M jobs. Isn't that a meaningful statistic. But, how will the stock market see it. I'm not going to believe such an idiotic way of counting job creations will fool the majority of investors. However, for the other 90% of the passive savers and non-market folks, 100% will probably believe it and his ratings will go up a few percentage points. I'm going to classify this trick as another Pinocchio move! Plus, here we go again with the Dems arguing that the Stimulus Package really worked now because so-o-o many jobs were created when the truth is it failed to create the jobs promised! Such deceit! Meanwhile, the job market continues to suck with 10% unemployment. See this other article for details. So, just how is changing the way he counts job creations going to change the unemployment numbers? How about cutting business capital gain taxes Obama!