It may be that the last people in America who believe that the $862 billion economic stimulus of February 2009 created millions of net new jobs are Vice President Joe Biden and the staff economists in the White House. Yesterday, President Obama’s chief economist announced that the plan had “created or saved” between 2.5 million and 3.6 million jobs and raised GDP by 2.7% to 3.2% through June 30. Don’t you feel better already?
Yes, the Obama administration is doubling down on its idiotic claims. One can almost hear the staff meeting that decided to trot this one out:
“Look, it had to take at least 100,000 people to install each of those signs we had made up to tout our stimulus!”
They have really, really strong Kool-Aid at the Emerald House staff lounge….
* For example, here.
UPDATE: Matt Welch: I don’t know about you, but government propaganda really irritates the hell out of me.
Yeah, me, too. Links via Memeorandum.