Daily Reminder: January 25, 2012

In 2010, January 25 fell on a Monday. The day before, White House advisers appears on three different Sunday morning talk shows – and offered three different estimates with regard to just how many jobs could be credited to the $862 billion American Recovery and Reinvestment Act.

Valerie Jarrett said that “the Recovery Act saved thousands and thousands of jobs,” while White House Press Secretary Robert Gibbs insisted that it “saved or created 1.5 million jobs” and David Axelrod argued that it “created … or saved more than two million jobs.”

Even if they could get their numbers straight, it’s fuzzy math to begin with. Counting jobs saved by spending nearly $1 trillion and increasing the unemployment rate is like counting pounds lost by choosing to eat a double cheeseburger instead of a triple bacon cheeseburger.

286 DAYS UNTIL ELECTION DAY
361 DAYS UNTIL JANUARY 20, 2013

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