The Obama administration has claimed that “stimulus” spending created or saved 300,000 to 400,000 jobs each quarter while its money was being doled out. Does anybody seriously believe that number? I don’t.
I was already a skeptic — to put it most politely — of such self-serving econometrics, but two things this week have made me even more skeptical.
First, a source who can’t be identified provided me with copies of documents that his company was required to fill out as a vendor on a contract that it was awarded by a school district. It was made clear to the company that it was expected to report that jobs created and saved, so that’s exactly what the report back to the district showed. Somewhere in the neighborhood of 20 workers had jobs only because of this project, according to the paperwork reported back to the federal government. In truth, nobody was hired just for the project. Nobody would have been fired if the project hadn’t come along.

Homeless honor student thrown into jail for missing too much school
Do political labels make things clear or just confuse everyone?
Dead things must be cleared away before rebirth has chance to come
The more I understand humans, the less I really comprehend us
We already know what’s right, but we choose our lusts instead
Well, if you really want to know, this is what I’m still looking for
All humans are a little bit insane; we’re not as rational as we think
Student scolded for saving a life; School doesn’t ‘condone heroics’