The Obama Administration today reported that recipients of Recovery Act funds have informed the Recovery Accountability and Transparency Board that they have created or saved 640,329 direct jobs in reports covering approximately $160 billion, which represents a little less than half of the funds put to work through September 30, 2009. These reports, covering only directly created jobs and less than half the funds spent thus far, support government and private forecaster’s estimates that overall the Recovery Act has created or saved over one million jobs to-date. The majority of the jobs reported were in the construction and education sectors, indicating the Recovery Act is not only bolstering private sector companies during the economic downturn, but also making critical investments in keeping America competitive in the 21st century.... brings to mind this release from the Ministry of Plenty:
"Comrades!" cried an eager youthful voice. "Attention, comrades! We have glorious news for you. We have won the battle for production! Returns now completed of the output of all classes of consumption goods show that the standard of living has risen by no less than 20 per cent over the past year. All over Oceania this morning there were irrepressible spontaneous demonstrations when workers marched out of factories and offices and paraded through the streets with banners voicing their gratitude to Big Brother for the new, happy life which his wise leadership has bestowed upon us."