Did Stimulus Save Jobs?

Economic Advisor to the V.P. Jeff Bernstein spoke with Harry Smith about the Obama administration's promise of saving one million jobs with the economic stimulus.

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News & Politics

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• cbs
• early show
• Jeff Bernstein
• economy

[mxrss]

@rmonroe401 for the record i dont get screwed i think outside and find ways to make it work, I dont have a 401K so this demise did not hurt me did not buy when houses were going 400+k and did not bet on stupid. My last comment to you was kind of sarcasitc and I meant to talk to you dilgently I am sorry my last comment was a bit sycophant. appoligies

[Coffeeandasmoke]

"Great American Job Machine"... there's only so much monkey wench any machine can with stand before you blow it up. As the socialists in both Parties are not mechanics, it really was just a matter of time before our Country imploded.

Congratulations, stupid voters. Your generations of "lessor of two evils" has doomed us all.

[mxrss]

The way the majority my generation wants to turn it into it will one day be socialistic. Unfortunatly we will never have level playing fields, consumers want cheap stuff, that is expensive to produce. Easiest way to keep profit motive going is to edge out competitors, more competitors consumer wins. Company wins with less competitors, ideally a "public option" would be a leveling affect however then you have a competitor that can make rules for themselves and rules for others, same net result.

[rmonroe401]

This country is definitely not socialist. I don't want socialism, just a level playing field.

[mxrss]

yeah i will believe that, because thats how people got further in this country, You might seriosuly consider trying it, of course, yeah sometimes people get screwed its unfortunate but its life. Of course if your happy with the goverment taking care of you there are already countires that exist that will would be happy to have another citizen. Socialism is for some people its just not for me. If you like it go enjoy it,.

[rmonroe401]

You keep believing that. Thats what they want, for you to be satisified with getting screwed. But maybe you are one of them, I don't know. They are very tricky.

[quizerry]

The jobs created or saved by stimulus number is bogus. States and local reps report on jobs created yet they don't have to prove anything they can pull a number out of their hat.

[beancube2008]

If people are still making visions with cash flow, we're all trapped. Debts are vapor instruments. If you scared and can't rebuild base on desire, you'll be enslaved into deeper trouble. Cooking books hides frauds; we'll be suffocated in it.

This new century profits come from helping others building their infrastructures and communities. Mostly are about people and communications, not just digging and shuffling roadside constructions. please work for the future, not the past.

[dejavueQ]

Im not saying everyone fired is innocent, but I will say that we are in this mess because of bad management/managers/CEOs and HRs

Most Employees work hard to earn their money, while managers/CEOs/Hrs rip off everyone than try to makeup by cutting jobs or underpaying their current employees and new hires;

Employment scam at it best, and the famous excuse is: unemployment situation wow!

[tomwhit2227]

BTW it's criminal that the press doesn't call BS on this jobs "saved" stat. I can't recall ANY previous POTUS getting away with this undefinable term. Sec. Gibbs today defended this today with an analogy about asphalt factory workers being a job "saved" by road construction. Why stop there? How about the factory secretary,janitor,security guard,etc,etc. It should always be full and part-time of a month compared to the same from a previous month. "Jobs saved" is a big lie.