Erroneous or questionable data entries that merit further review:So, the GAO concluded (at 40): "At this point, due to issues in reporting and data quality including uncertainty created by varying interpretations of the guidance on FTEs, we cannot draw a conclusion about the validity of the data reported as a measure of the direct employment effect of spending covered by the recipient reports."• 3,978 reports that showed no dollar amount received or expended but included more than 50,000 jobs created or retained;
• 9,247 reports that showed no jobs but included expended amounts approaching $1 billion, and
• Instances of other reporting anomalies such as discrepancies between award amounts and the amounts reported as received which, although relatively small in number, indicate problematic issues in the reporting.
Which doubtlessly will become an argument for a second jobs bill.
(via Bloomberg News)
4 comments:
> Which doubtlessly will become an argument for a second jobs bill.
Mo Money Mo Money Mo Money Mo!!
-- Tagline for the Homeboy Shopping Network --
It's beyond fuzzy math. It's Obamamath.
It's used to calculate jobs created or saved, the cost of healthcare, projected unemployment, the 57 states he campaigned in, the 10,000 people who died in a 2007 Kansas tornado and probably the additional troops for Afghanistan.
It's a subset of Obamalogic which somehow rationalized the KSM trial.
OBH & Marc: Agreed.
> It's beyond fuzzy math. It's Obamamath.
First Ebonics, now Algebro.
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