Joe Biden is creating jobs like nobody’s business

Why to hear Joe Biden tell it, he’s a regular job creating dynamo. Here’s how Bloomberg reports the story of this walking, talking economic miracle

Joe Biden has also saved or created 700,000 follicles
Joe Biden has also saved or created 700,000 follicles

Why, to hear Joe Biden tell it, he’s a regular job creating dynamo.

Here’s how Bloomberg reports the story of this walking, talking economic miracle:

President Barack Obama’s clean- energy initiatives will help create more than 700,000 jobs and allow the U.S. to double its renewable-power generation in three years, according to a report by Vice President Joe Biden.

Biden, in a memo on administration efforts to shift to a clean-energy economy, said projects in the $787 billion economic stimulus package are contributing to “unprecedented growth” in renewable energy, such as wind and solar, and improving manufacturing for new clean-energy technology.

Hold your horses there, buckeroo. The Wall Street Journal noticed something a little odd about those jobs:

Take a look at footnote 3 on page 2 of the Biden memo:

All of the job estimates used in this document correspond to jobs that last for one year. Of course, some jobs could last longer–in this case the number of distinct jobs would be reduced proportionately. For example, a project that employs one person for two years would count as creating two jobs.

We suppose if the guy doesn’t get fired from either of his two jobs over the course of the two years, that would count as four jobs saved or created.

Of course. It’s like Biden’s hair plugs. He takes them from one part of his head and moves them to another part of his head and says he’s created or saved 700,000 follicles.

Source: Bloomberg

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