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COMMENTS: New Hires Overwhelmed by Old Layoffs
The President's habitual success at setting each day's news agenda misfired this time. Only CBS picked up on Barack Obama's announcement of a 100-day jobs program. The White House claimed that such accelerated federal spending would lead to 600,000 new hires--jobs in highway and airport infrastructure, law enforcement, the national parks and summer work for teenagers. CBS' Chip Reid explained the skepticism in the face of such fanfare. During the first 100 days of stimulus, the White House claims to have created 150,000 new jobs--yet in that period the ranks of the unemployed swelled by 1.5m.
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