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So Which Number is It? by John Lott
By jbcobb | January 25, 2010
Here is a great dissection of the Obama’s Math Team to spin their impact on the economy. It seems as if the numbers from their own team don’t quite match. Of course, that could be the inability of supporters of the free market to understand this “new math”. We could solve all of this by appointing a Math Czar. John Lott says:
Axelrod, on CNN’s State of the Union: “But understand that, in this recession that began at the beginning of 2007, we’ve lost 7 million jobs. Now, the Recovery Act the president passed has created more than — or saved more than 2 million jobs. But against 7 million, you know, that — that is — it is cold comfort to those who still are looking.”
Read Mr. Lott’s column in its entirety right here. For more wisdom of this sort, check out his site at http://johnrlott.blogspot.com/.
JB
Topics: Big Brother, Communism, Fascism, Socialism, and the Battle for American Liberty, Domestic Policy and Social Programs, Economics, The White House | No Comments »