Fact-checkers reveal Biden’s massive overestimate of infrastructure plan’s job-creation potential

President Joe Biden has frequently sought to justify his massive spending proposals, at least in part, on the grounds that they will help put millions of Americans back to work.

Even some progressive pundits and fact-checkers, however, have noted that he appears to be playing fast and loose with the figures, potentially costing him political capital he will need to navigate a full term in office.

“16 million new jobs”

In a statement at the White House on Wednesday, the president declared: “You have Moody’s talking about increasing — I don’t know the recent new one — 16 million new jobs.”

As Breitbart recently reported, however, the credit-rating agency has “said nothing even close” to what the president claimed about the impact of his infrastructure plan. In reality, Moody’s estimated that the American Jobs Plan proposed by Biden “would create roughly 2.6 million additional jobs” in the next decade, totaling about 19 million new positions overall.

Washington Post fact-checker Glenn Kessler similarly took Biden to task last month for his job-creation claims.

“For weeks before the passage of his coronavirus economic package, Biden asserted that it would help create 7 million jobs,” Kessler wrote at the time.

Upon introducing a new infrastructure plan, however, he noted that Biden’s estimate “has a shiny new number: 19 million jobs.”

“Not nearly as large”

That inflated figure, Kessler explained, is about six times larger than actual projections. Kessler said that Moody’s number included “many jobs that would be created if government policymakers did absolutely nothing.”

Moody’s economist Mark Zandi determined that “the economy will create 18.96 million jobs between the fourth quarter of 2020 and the fourth quarter of 2030” with the American Jobs Plan in place.

Even without that plan, however, he projected that “the economy will create 16.3 million jobs” over the same period. Notably, that number would have decreased to 15.65 million jobs without the American Rescue Plan.

As Kessler acknowledged, the president has a penchant for exaggeration, which appears to have grown worse since he came into office. Kessler added: “While Biden at times used somewhat similar framing regarding the earlier Moody’s report on the American Rescue Plan, the gap in that case was not nearly as large.”

While Biden remains focused on job creation, many local and state leaders are dealing with another problem as many job openings remain unfilled. Two GOP governors have already announced plans to withdraw from COVID-related supplemental unemployment benefits approved by the federal government, arguing that the extra money has served as a deterrent for citizens receiving it who might otherwise look for a job.

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    1. Yes, would be different if they did not lie everytime they open their mouths , we are not stupid and would work with them if they were honest. Pelosi and Biden are in a pickle now, can’t go and use confession after lying.

  5. Jesus said you will serve GOD or mammon ; which is in or if you will both the book of Matthew or the book of Luke in God’s Holy word the Bible . In Luke 16

    Jesus said you will either serve God or mammon bothe in the book of Matthew or in Luke, Matthew 6:24 or Luke 16:13 in your Holy bible. This thing we call life is temporal reality it lasts maybe a hundred years. So to jump up and down because of a few dollars made sitting on your rear-end all day is miniscule at best . Seek ye first the kingdom of God and His righteousness . Let go and let God do all the planning and discernment and don’t bother your head with trivialities . He is king and you are not. Money comes and money goes but, God is forever, A Men

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    1. All great things to share, except that you are reading Jesus’ teaching to the Jews and reading the books that are before Acts. Many Christians do not know that Christian faith and salvation begins after the reresection of Christ. Most of the New Testament is written by Paul who was a Jew, but taught the Gentiles of Salvation. The books to study and read for Christians of today should be to learn those books first. When Jesus was on the earth He was teaching the Jews and mostly speaking to the Jews of the day before He went to the cross. The Disciples did not know what Jesus was saying when He stated “do not go to the Gentiles.” So now it is time for us Gentiles to learn that Paul is talking from his books in the Bible to us today. Not Matthew Mark and Luke. Logic even shows that they did not know what Jesus was truly teaching about the Kingdom of God. They were not even at the tomb and hardly believed their eyes before the risen Christ. Think about that one. Paul’s books are for us today. Please learn your Bible history.

      1. Try learning that ALL of God’s word is for ALL times to teach his way. The book to read to see what is going on to day is Revelation. Smile you are wrong but at least it seams you believe in the son Jesus Christ. By the way everything he said is fact regardless of when he said it. Why ? Because Jesus was God almighty.

  6. I’m trying very hard to remember ANY Democrat who created jobs after Roosevelt. Even Kennedy struggled with job creation and economical success. He was however moving the needle up words until he was killed and Johnson distroyed it. Carter, Clinton and shovel ready bummer have caused not economic distraction. The 2008 housing bubble was created by a Democrat house and senate in their home give aways for people who had no jobs to pay for the homes, and no jobs were coming.
    So anytime a demon crap talks about how good their economy will be take both hands and grab your wallet or purse because they are coming after what money you have with their ignorant plans.

  7. Jesus said you will serve GOD or mammon ; which is in or if you will both the book of Matthew or the book of Luke in God’s Holy word the Bible . In Luke 16:13 or matthew 6:24 . So don’t think by making a few bucks sitting on one’s deirier all day that something is actually getting done? Seek ye first the Kingdom of God and His Righteousness and all these things will be added unto you !!!!! Money comes and money goes .But , the length of eternity is forever !!!!! Thank you Yeshua !!!!!!!!

    Jesus said you will either serve God or mammon bothe in the book of Matthew or in Luke, Matthew 6:24 or Luke 16:13 in your Holy bible. This thing we call life is temporal reality it lasts maybe a hundred years. So to jump up and down because of a few dollars made sitting on your rear-end all day is miniscule at best . Seek ye first the kingdom of God and His righteousness . Let go and let God do all the planning and discernment and don’t bother your head with trivialities . He is king and you are not. Money comes and money goes but, God is forever, A Men

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  8. Joe Biden Lies every day. He needs to be impeach now. The destruction of America has to stop. Our justice system is nothing but corrupt. They need shut down and cleaned up of all unamerican unmoral trash. Enough start recalling all democrats. Traitors to the constitution and America.

  9. Joe Biden is trying to destroy our Country before the people realize that he cheated Trump out of his second term. He hoping to bankrupt America while the American people sit on their thumbs wondering what’s going to happen next. Biden’s whole plan is to make America so weak that it can’t survive without another country like CHINA taking over. I believe that this was the plan to begin with even before Trump got elected by surprise in 2016. Why else would the corrupt Democrat’s have gone through so much to get rid of Trump the whole time he was in office. The only thing that can stop these Traitors from completing their mission is the People them selves in full force surrounding the capital demanding that all the Traitors be handcuffed and arrested and taking to jail until their Trials and with no bails

  10. Everything bad that’s the corrupt Democrats are doing against our country and it’s people is just going to be reversed when Trump returns back to his position as our President and hopefully all the Traitors involved in this conspiracy are fined for everything they own and then put in prison for 20 years with no parole OR Death by firing squad which ever the American people decide.

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