640,329. That's how many jobs the White House claims were created by the stimulus package. You can find it on their Web site
Recovery.gov. And the number is almost certainly wrong, but not for the reasons you will hear from John Boehner or any of the other knee-jerk naysayers.
Numbers like these are the result of the White House telling people lower down: "We need numbers and we need them now. We are getting pressure to show results, and you need to tell us how many jobs were created or saved by stimulus money. Do it and do it now." Well, I dont know about you, but when MY boss tells me something like that I get back to him with a number within the hour. It may not be the most
exact number, but what what the hell, its a number.
But there are bigger problems with this number. First is the fact that directly created or saved jobs aren't all, or even most, of the story. If that were all we got, slightly over half a million jobs, we wouldnt have much of a case for a stimulus at all. What we were counting on when we passed the stimulus was that people who got a job would turn around and spend their paychecks on things like groceries, movies, mortgages, etc. The stimulus has a second, third, and fourth round of effects that we really have no way to quantify. But just because it's fuzzy doesn't mean it doesn't happen - it does and it counts for a lot.
The second problem with the number is that we can't prove a negative, no matter how hard we try. The stimulus prevented jobs from being lost that would otherwise have gone away. The strip mall that is barely hanging on would have gone belly up without it. That third grade teacher newly hired at your local school would have been back looking for work. None of these jobs necessarily count as a job created, but saving them instead of losing them matters a lot to the economy.
So, 640,329? Naaah. The very precision of that number makes me laugh. But let's all remember that a year ago we were running around worrying about Great Depression, Take Two. We aren't doing that now, and the stimulus package is one of the reasons why.
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