White House officials announced Friday that they had counted exactly how many jobs were created or saved by recent stimulus spending: 640,329.
So how many were saved and how many created? They don't know.
In a briefing with reporters, officials acknowledged they can't tell the difference between jobs "saved," and jobs "created" by the $787 billion stimulus package.
They said they also can't tell the difference between private sector jobs and government jobs.
Once again, I have to report that in the rush to pass the stimulus boondoggle, the Democrats said the unemployment rate would not exceed 8 percent. It's now at 9.8 percent.
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