From Alex Moore at death+taxes:
The economic stimulus package enacted in 2008 has created approximately 2.4 million jobs. We know this, in part, because last Friday the Obama Administration’s Economic Advisers Council released a report on the effects of the stimulus package, which said it “has raised employment relative to what it otherwise would have been by between 2.4 and 3.6 million.”
It is possible that the stimulus created fewer jobs than expected, because last year economists predicted that it would create 2.8 million jobs, and now it appears possible that it created only 2.4 million jobs.
This morning presidential Rick Santorum appeared on CNN’s “American Morning” and insisted that stimulus was supposed to create 280 million jobs and instead it had created 240 million jobs—and had therefore cost us the difference of 40 million jobs.