Mortgage Grapevine

Political: Obamanomics says that if YOU get a raise THEY get credit for a job saved

http://news.yahoo.com/s/ap/20091104/ap_on_bi_ge/us_stimulus_jobs

If this isn't fuzzy math then what is?
by JackStraw November 4, 2009 7:29 PM

"Allen said a cost-of-living adjustment "may not be viewed traditionally as a job saved, but one could interpret it that, by providing COLA, you're retaining staff."

1.I thought I just read that Social Security recipients were not getting a COLA thus year because there wasn't an increase in the cost of living this year.

2. And what the heck,,we saved a job for the governmental agency. Without a raise, the employee might have left for a better paying productive private sector job. Can't have that going on.
by Primerate November 4, 2009 8:08 PM

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