Carney: Obama's New Jobs Plan Would Put Unemployment Below 9%

I'm sorry, perhaps I misunderstood your statement:

Of course you are trying to hide behind the word "promise" and that it was a written report and forecast that Obama didn't "actually" speak the words.


So are you claiming Obama "actually" spoke the words promising unemployment would stay under 8%, or are you claiming he did "actually" speak such words?

 

Nope showing the fallacy your position that since he didn't actually utter the words, a claim no one has made, then it was not the position of his administration not their forecast not their prediction not what they statement in their report they took to congress to sell the stimulus package.

 

And that same report contains this language:

It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program. Our estimates of economic relationships and rules of thumb are derived from historical experience and so will not apply exactly in any given episode. Furthermore, the uncertainty is surely higher than normal now because the current recession is unusual both in its fundamental causes and its severity.

...

Second, as emphasized above, there is considerable uncertainty in our estimates: both the impact of the package on GDP and the relationship between higher GDP and job creation are hard to estimate precisely.

...

As emphasized at many points in the analysis, there is substantial uncertainty around all of our estimates.

...

Forecasts of the unemployment rate without the recovery plan vary substantially. Some private forecasters anticipate unemployment rates as high as 11% in the absence of action.

...

These estimates, like the aggregate ones, are subject to substantial margins of error. One additional source of uncertainty concerns the impact of the state fiscal relief.

...

It is precisely because of the uncertainty surrounding this type of calculation that we do not do similar calculations for groups that are a smaller fraction of the labor force.


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So as your post proves, all you can show is a report with econoimc "predictions" and "forecasts" conditioned with tons of language noting that these predictions are subject to substantial forecasting error.

Of course, the right wing propaganda media never mentions that.

Thanks for proving my point. The Obama administration never promised or said that unemployment would stay below 8%.

 

More leftist loser pie in the sky lies?

 

Now your fabricating my claim again. I've never denied they made a forecast and prediction based on the expected severity of the Great Recession at the time, when they didn't have 4thQ2008 GDP data to go on.

So are you claiming Obama "actually" spoke the words promising unemployment would stay under 8%, or are you conceding he did not "actually" speak such words?

 

Not at all.

 

That sounds like a promise to me and most other members of the public.

They supported Obama's stimulus plan because they believed that he was going to keep unemployment below 8%.

Otherwise why listen to a (*)(*)(*)(*) thing he or his pinhead flunkies say if it has no meaning?

 

Nope you have denied they said it and that it would be the results of the stimulus package but your trying to back away from it is noted. And since I never asserted Obama actually spoke the words I have nothing to concede.

Are you going to concede that it was their prediction of what the stimulus would produce?

 

Once again, you post what some article claims was said in the title, instead of what she actually said.

What she actually said, from the article:

Asked about the report, Romer said in an interview: "One could have presented it differently. If we'd only talked about the effect of the stimulus on the change in unemployment [instead of predicting the unemployment rate itself] . . . it would have been better. The thing I obviously couldn't control is the baseline forecast, and that's the thing I'm getting criticized for."

Except for the unexpectedly severe collapse in economic growth, Romer said, the report has turned out to be "very accurate."

Completely opposite of what you imply.

 

Fabrication. I've denied what you claimed they said. I've never denied they made the predictions and forecasts, and you cannot show a post otherwise. As usual.

Quit dodging.

Are you claiming Obama "actually" spoke the words promising unemployment would stay under 8%, or are you conceding he did not "actually" speak such words?

 

Anything and anyone questioning these facts is nothing but off topic grandstanding.
While we seem to be entertaining distractors, the fact that this nation, under the Obama administration, is going down fast, seems to be ignored completely.

 

Romer speaks for Obama.

She said it for Obama and he never corrected her.

 

False. Romer never promised anything and neither did Obama.

 

I question whether Romer ever stated affirmatively that unemployment would stay below 8% or that she said she regretted saying "jobless rate would stay below 8 percent"

What she actually said is state in the article:


Asked about the report, Romer said in an interview: "One could have presented it differently. If we'd only talked about the effect of the stimulus on the change in unemployment [instead of predicting the unemployment rate itself] . . . it would have been better. The thing I obviously couldn't control is the baseline forecast, and that's the thing I'm getting criticized for."

Except for the unexpectedly severe collapse in economic growth, Romer said, the report has turned out to be "very accurate."

Anything and anyone questioning these facts is nothing but off topic grandstanding.

 

Well he did say that if the Stimulus wasn't passed unemployment could reach double digits. Technically it did.

 

The best plan Obama has is to make it look so bad, then turn something around right at the end and focus everything on that one single accomplishment. UBL movie probably not going to be it, but Obama is now trying to cut the EPA red tape that he himself put up. Its like putting a little pick bow on a turd sandwich and presenting it like it was a truffle.

 

Promise may be a loaded word for you.

But Romer was appointed by Obama to be his economic expert.

When she tells the public that in her opinion unemployment with the stimulus will be below 8% and they believe her then that is a de facto promise.

Obama was selling his stimulus and Romer was one of his pitchmen.

Really, the Obama apologists have no sense of responsibility whatsoever.

Now they want to fool us again with new promises by Carney that you will someday no doubt have to disavow also.

 

She absolutely did. In fact, the report has her titled as Obama's

"Chair-Nominee-Designate, Council of Economic Advisers"

here: http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf

Its the front page. Only an idiot could ignore it. They apparently have

 

Jan 8 2009

“I don’t believe it’s too late to change course, but it will be if we don’t take dramatic action as soon as possible,” Mr. Obama said. “If nothing is done, this recession could linger for years. The unemployment rate could reach double digits.”

The unemployment rate, now hovering around 7 percent nationally, is already projected to approach 9 percent by the end of this year.

http://www.nytimes.com/2009/01/09/us/politics/09obamacnd.html

 

You think? And in what page was did she promise that unemployment would not go over 8%?

Only an idiot could say Romer promised anything in that report.

 

http://www.gallup.com/poll/146666/gallup-finds-unemployment-mid-march.aspx

 

That is true, unemployment did get into the double digits.

 

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You have to understand. Just cause Romer "said" it, in print, and then wished she hadn't, doesn't mean she really meant it. She was just thinking out loud in an official report as the official head of Obama's economic team. BFD right ?

Was she under oath in Court ?

Is she supposed to be taken seriously ?

Was it even notarized ?

C'mon. Next thing we'll be blaming Obama for what he says too.

 

Not.

Feel free to quote the text with the promise unemployment would not go above 8%.