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Obama's Chief Economist Admits Jobs Claim Pulled Out of Thin Air
Tuesday, July 14, 2009 8:25 AM
Here's another "told you so" moment. Ever since the Obama administration came up with their "jobs created/saved" metric to promote their disgraceful "stimulus" package, we, like many others, have been saying that their metric is bogus and totally arbitrary.
Well, yesterday, Christina Romer, chair of Obama's Council of Economic Advisors, admitted to that fact. When asked by CNBC's Maria Bartiromo whether the administration knew just how many jobs had been "saved or created," Romer said:
It's very hard to say exactly—you don't know what the baseline is," Romer said in a live interview. "Because you don't know what the economy would have done without it. (the stimulus plan)."
And I rest my case.
Reader Comments:
Next step: Gibbs admitting that Obama is really just "winging it" with this president thing and will end up taxing everyone who makes even the slightest bit of money ("no taxes under $250,000? When did I say that? That was more of a ballpark figure, I'd say...")
Your Name / Your Location
All these lying Radical Leftists should be remove from power today, \\\"By any means necessary\\\", before they can do any more harm to our nation.
LibsAreCommies / USA/ PA
It appears our only real HOPE is to clean out good old boy Republicans in the primaries and install some true America-loving patriots in their place. Every dEMOCRAT is eventually beholden to Obama Pelosi Reid. NEVER vote for a dEMOCRAT for ANY reason. Replace bad Republicans in the primaries.
Bobby / Texas
Your a rasist!
The Underwearinator / United States
And you\'re incompetence runs amuck. \"Your\" does not mean \"you are.\" That is \"you\'re.\" And it\'s raCist. Get an education. For that matter, what does race have to do with anything here?
Brian / Idaho
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