The President promises 600,000 jobs over the next 100 days,  we hope any measure of reported success will not rely on the same fuzzy math he has used in the past.  

Fiction:  $45.6 billion of the stimulus has been spent and is helping struggling Americans.

Reality:  The Administration is exaggerating the amount of stimulus money that has actually been spent.  For instance, the White House reported on May 5, 2009, that the Department of Labor had made $11.5 billion in payments to the unemployment trust fund.  It was later revealed that the Department had only been given $1.1 billion.   In reality, about $36 billion of the stimulus has been spent — less than five percent of the stimulus.

Fiction: As President Obama has proclaimed, the stimulus is “what we need to do to create jobs for Americans scrambling in the wake of layoffs, to provide relief for families worried they won’t be able to pay next month’s bills.”

Reality:  According to analysis conducted by the Associated Press (AP), those Americans hardest hit by the economic downturn have received the least stimulus money.  The AP stated that their study revealed that “states are planning to spend 50 percent more per person in areas with the lowest unemployment than in communities with the highest.”
 

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