Tuesday, April 20, 2010
Niiiice one! Very smooth. Smooth like butter. So smooth it slipped right by the mainstream media.
If we were liberals and therefore easily insulted, those of us who have actually created jobs would take offense at poseurs like our president.
CWCID: Glenn Reynolds.
What nobody is asking, and serious folks should be, is the basis for attributing any aspect of the "recovery" to the government's stimulus spending. How is any impact discriminable from an ordinary business cycle and the recovery portion of that cycle? Where's the evidence that ties any of this to the government?
The administration has said the recession turned out to be worse than they anticipated, but their stimulus took the edge off of it. Obviously that means a different baseline. (Kind of what Mr B says, only it's about the economy and not jobs.) Only Breitbart could think they've discovered something new in that analysis.
(Not that I'm sure I believe the 2.8m jobs figure, but virtually all non-conservative economists and a large percent of conservative economists think the stimulus helped. The major split among economists is over whether it was too small.)