Thursday, February 18, 2010

Unreal

Team Obama seems to have settled on 2 million as the number of jobs "saved or created" by the $800 billion "stimulus" bill. I won't deny that perhaps some jobs were "saved or created"; in Illinois, where they poured in $242 million of "stimulus," it was a banner year for people providing "weatherization" services for government housing. But these are not real jobs, and the taxpayer money used to "save or create" them didn't stimulate anything lasting, except more government debt. As Evan Bayh honestly pointed out, government hasn't created even one job over the last six months in the private sector, which is the engine of the real economy.

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