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.

Coming soon: Meet John Crispin, Demopublican for U.S. president
Fear of intimacy causes confused people to run from love they need
Left’s refusal to criticize Obama because he’s black is simply racist
Are you living the life you wanted when everything seemed possible?
All humans are a little bit insane; we’re not as rational as we think
We all see bits and pieces of reality; not a one of us sees whole picture
Our choices determine whether we die alone or surrounded by love