Obama’s “Create or Save” Jobs Farce

Conn Carroll / April 29, 2009

The Associated Press’s Spin Meter feature reports today that: “Politicians announcing stimulus jobs faster than stimulus can (maybe) create them.” How true. President Barack Obama’s Organizing for America  website claims to show jusr how many jobs have been “Created or Saved” by Obama’s stimulus package already.

This despite the fact that the American economy has shed 1.3 million jobs since Obama was inaugurated. How can President Obama claim to be creating jobs when Americans know unemployment is rising under his regime? The AP explains:

For economists, it’s far too early to discuss job creation, said University of Chicago economics professor Steven J. Davis, the author of a book and several studies on the subject. Meaningful data won’t be available for years, he said. Compounding the problem, Davis said, is that Obama has invented a new standard to measure success: Jobs saved. (more…)