Wednesday, December 08, 2010

Just How Many Jobs Did the Stimulus Create?

According to, the President's website designed to track the stimulus plan, the $800 Billion plus porkulous bill passed in February 2009 is responsible for 3,348,813 jobs. According to a new analysis conducted by the San Fransisco office of the Federal Reserve, the president's projection is off by only 3,348,813 jobs. That's correct The American Recovery and Reinvestment Act of 2009 created exactly zero permanent jobs.

Zero permanent jobs?

Some story, huh? But Katie Couric won't be reporting on it tonight so zip on over to The Lid where they break it down nice and nifty.