August 8, 2010

If Liz Cheney had any credibility maybe she'd go on some other media outlets once in a while instead of having to hide behind the refuge of Fox to spread her lies. Although Juan Williams did actually get after her a bit in this segment. Liz Cheney seemed to take it a bit personally that the Obama administration was criticizing her father's administration. Since they got stuck trying to clean up after the collapsing economy Bush left them, I'd say they've got every right to be critical when it comes to the employment numbers. With Republicans and ConservaDems like Nelson fighting them at every turn on everything but tax cuts for their rich buddies it's surprising they've gotten anything meaningful passed to help the economy.

Media Matters has more on her talking points on the stimulus.

Liz Cheney contradicts economists, claims the stimulus has "not worked":

Liz Cheney spread the myth that the stimulus bill has "not worked" to mitigate job losses. In fact, many independent and private analysts have agreed that stimulus spending significantly raised employment over what would have happened without it.

As they noted here's what Cheney said about stimulus during the segment.

Cheney: The Republicans are saying no to things that have not worked. We've lost 3.3 million jobs since the stimulus passed last year. And what is clear is that the private sector is not going to hire when they're traumatized. And I think they have been pretty well-traumatized by the policies of this administration. They don't know what coming next; more taxes, more regulation.

Here's a bit more from their article:

But independent and private analysts agree stimulus significantly raised employment CEA: Recovery Act has raised employment "by between 2.5 and 3.6 million." In its fourth quarterly report on the American Recovery and Reinvestment Act of 2009, the Council of Economic Advisers (CEA) stated: "The CEA estimates that as of the second quarter of 2010, the ARRA has raised employment relative to what it otherwise would have been by between 2.5 and 3.6 million. These estimates are broadly consistent with the direct recipient reporting data available for 2010:Q1."

Independent analysts agree that recovery act significantly raised employment. In its quarterly report, the CEA included figures from independent analyses that also credited the recovery act with increasing employment.

Go read the rest of the article. They've got more with some numbers on the stimulus and the jobs numbers.

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