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.

Why do presidents and candidates bother to release tax returns?
Love’s closest counterfeit sounds like love but acts like selfish need
Minnesota protects its citizens from the horrors of free education online
What’s the best word for those of us who just want to be left alone?
Why are so many of us afraid of the love and happiness we want?
Don’t be shocked if insane system produces narcissistic leaders
In a sane world, everyone would think and act exactly the way I do
If Boston bombing suspect doesn’t have rights, neither do the rest of us