Fruits of the Stimulus, Part 492
The jobs report for February came out today and it showed that the economy gained 95,000 jobs, just like the White House said it would. We now know that when the White House tells us something about spending and economics, we can believe it without reservation. Like, for instance, their promise that the unemployment rate would stay under 8% if we passed the trillion dollar plus stimulus package.
Wait…what? Oh. Apparently, the economy actually lost 36,000 jobs and the unemployment rate is at 9.7%.
Update….Silver Tongue Genius Harry Reid: Only 36,000 people lost their jobs today, which is really good.