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CNS Pushes Zombie Lie Of ‘Failed’ Stimulus

Posted on October 22, 2014

Craig Bannister writes in an Oct. 20 CNSNews.com blog post:

White House Press Secretary Josh Earnest is selling the idea that Rob Klain will make a good Ebola Czar – even without any Ebola expertise – because of his work on the $830 billion failed Stimulus.

[…]

But, at more than $200,000 spent per job created/saved – $2 million per job in some cases – the $830 billion Stimulus was anything but a success.

Bannister’s insistence that the stimulus “failed” is at odds with reality. PolitiFact states that such simplistic per-job calculations — Bannister’s backup for his claim of “more than $200,000 spent per job created/saved” is a 2011 CNS article simply dividing the amount spent on the stimulus by the number of jobs created — are misleading because the stimulus money went toward a range of projects and programs including tax breaks, not just for salaries.

Futher, the Associated Press points out that Bannister’s simplistic calculation ignores the value of the work produced — “Any cost-per-job figure pays not just for the worker, but for material, supplies and that worker’s output – a portion of a road paved, patients treated in a health clinic, goods shipped from a factory floor, railroad tracks laid” — and also counts only jobs created to date, not those created over the life of the stimulus-funded contract.

Bannister’s repeating of a discredited right-wing myth proves that promoting zombie lies isn’t just the purpose of WorldNetDaily.

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