From us back on December 21st, 2008:
Obama now says he will save or create three million jobs over the next four years.
Anyone know how Obama will calculate that a job was saved by him?
Anyone smell a new bit of liberal BS? You know – “oh, sure, we’ve only added a million new jobs since Obama took office, but he’s saved 4 million!”.
From the Wall Street Journal, June 9th, 2009:
Mr. Fratto sees a double standard at play. “We would never have used a formula like ‘save or create,'” he tells me. “To begin with, the number is pure fiction — the administration has no way to measure how many jobs are actually being ‘saved.’ And if we had tried to use something this flimsy, the press would never have let us get away with it.”
Of course, the inability to measure Mr. Obama’s jobs formula is part of its attraction. Never mind that no one — not the Labor Department, not the Treasury, not the Bureau of Labor Statistics — actually measures “jobs saved.” As the New York Times delicately reports, Mr. Obama’s jobs claims are “based on macroeconomic estimates, not an actual counting of jobs.” Nice work if you can get it.
This what is so great about the blogosphere – we really are the best BS detectors out there. As far as I know, no one else has really hit upon Obama’s “save or create” nonsense…meanwhile, we little bloggers were on it before Obama even took office. As soon as we heard it, we knew the measure of the lies Obama was going to foist upon the American people.
Thanks for catching up on this, WSJ – give us a call if you need any advice on what to expect from here on out in the Obama Administration.