Unfortunately it seems like their "solution" is even more misleading than the original formula:

  • the new guidance counts every jobs that is funded using stimulus money - even if it existed before the Recovery Act, and was not in any danger of being eliminated - as ‘created or saved.' This definition ignores the plain meanings of the words ‘created' and ‘saved' and makes Recovery.gov's ‘ ‘JOBS CREATED/SAVED' label a falsehood...


ABC quotes an OMB spokesperson spinning the change in language as recommended by the Government Accountability Office, but it's hard not to notice that it will further inflate the already grossly exaggerated "created or saved" numbers.