in their own words
 |
|
|
|
 Jobs Created or Saved Through Smoke & Mirrors - White House Press Briefing by Robert Gibbs 6/8/09 — Monday, June 08, 2009 —  Q Just a few follow-ups. The 150,000 job figure, should we be identifying that as a projection, since it seems like Jared himself -- there is no hard evidence yet of this number, correct?MR. GIBBS: Well, I think, again, I would point you back to his answer about the reports and the economic formulation -- Q But he said it was based on multipliers and an economic formula and that we don't have the facts yet of how many hard jobs. MR. GIBBS: Well, again, Chuck, I think -- and I hate to paraphrase what Jared said, but again, if I move you money because you have a window business, just like the example I was using, or some economic stimulus, you are going to -- you're going to buy supplies from somebody else who is going to create -- Q But you don't know if that's going to create one job or two jobs -- MR. GIBBS: No, but -- Q You don't know that it's going to -- so it's a projection. MR. GIBBS: Based on a tried and true, as he said, economic formula on how to do that. Projections are -- Q Jobs trickling down the window pane -- I mean, why is that not trickle-down economics when you guys are talking about tax cuts and how -- MR. GIBBS: Are you suggesting that the multiplier effect of job creation is part of trickle-down economics? Q I'm suggesting that you guys are saying -- Q Sure, they're jobs -- MR. GIBBS: Point out for me how, if somebody builds a windmill -- right -- and needs -- Q You guys are saying that unmeasured jobs -- and they're out there -- and you're saying it's a result of tax cuts. MR. GIBBS: No -- in the example of window panes, absolutely. But what I'm talking about -- you don't make window panes out of papier-mâché, right? You're going to have to buy aluminum; you're going to have to buy glass. Does the production of aluminum and glass for the purchase of making windows in order to increase the production so that the tax credit can be fully taken advantage of -- are window producers doing that? Yes. Is the sale of aluminum for windows and glass creating jobs? Ask some of the readers of Bloomberg when they make investments in resources -- Q But you're not going to provide numbers on total jobs that have been created or saved through this window pane example. MR. GIBBS: Well, again, there's multipliers and there are formulas, as Jared talked about, in order to make determinations as to what that number is. Q Well, it did sound like you are going to provide a hard number on direct government contracts. Every quarter we will get a hard number. MR. GIBBS: Well, I think that's what Jared talked about as part of the obligation of those reports. Q So far we have none, because there hasn’t been any -- MR. GIBBS: Right. But again, just to build off your examples, Hans, you can't build a window out of nothing. You can't build a wind turbine out of nothing. The purchase of resources to build a wind turbine so that a wind company can take advantage of a tax credit is a multiplier effect that creates jobs based on the purchase of resources to construct that turbine -- right? Q Will you concede that the wind is free? (Laughter.) MR. GIBBS: I will concede that the wind is free. And some of it is blowing hot in my direction. Q Ooh! (Laughter.) Q There are a lot of numbers being thrown around here, and you guys are claiming credit for -- earlier you were claiming credit for summer jobs that won't be there in three years -- MR. GIBBS: No, no, no -- Q -- and that will be -- MR. GIBBS: Hans, I appreciate you asking -- you should ask as many questions as you want, but if Jared gives you an answer about how two part-time jobs equals one full-time employment job, don't act like the question didn’t get answered, because -- Q I'm not. MR. GIBBS: -- and he's not trying to say that -- he didn’t tell you that 125,000 was immediately being factored in. He gave you the formula for part-time and full-time jobs. Q I'm not saying -- I'm just -- I guess what you -- would you then concede that that job won't be there in three years when the stimulus -- MR. GIBBS: Will I concede that a summer job won't be there in the fall? Yes, I will concede that. Q You guys are counting this towards the 3.5. MR. GIBBS: I think Jared answered your question. Send a transcript to -- Economy | Jobs |Obama Administration | Press Briefing | Robert Gibbs | Stimulus Package | Unemployment | White House Press Corps Labels: Economy, Jobs, Obama Administration, Press Briefing, Robert Gibbs, Stimulus Package, Unemployment, White House Press Corps >> Full Story
Posted by White House Press Corps @ 7:53:00 PM
|
|
0 Comments:
Post a Comment
< whpc home