And As Long As We're Talking About An Economy Of Liars

Obama caught lying about jobs.

An inconvenient truth, at least for the Obama Administration, is that once upon a time, in their January 2009 Romer/Bernstein Report they told America that without their stimulus there would be 133.9 million jobs. That’s right, in order to make it look like their stimulus has “created or saved” 2.8 million jobs, the Obama Administration first had to whack 7 million jobs from their previous estimates.

Here’s the math:

Step 1: How many jobs does the Administration currently claim there would be, without stimulus?

129.7 million Current number of U.S. jobs

- 2.8 million Jobs currently claimed to be “created or saved”

126.9 million Jobs the Administration currently claims there would be without stimulus

Step 2: How does that compare with the number of jobs the Administration used to say there would be without stimulus?

133.9 million January 2009 projection of jobs without stimulus

- 126.9 million Current claim of jobs without stimulus

= 7 million Jobs removed from the Administration “baseline” to justify their latest stimulus job creation claims