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.
First off, if Obama had created 240 million jobs rather than 2.4 million jobs, he would be FDR 100 times over and the national economy would be booming. Yet, having only created 2.4 million jobs instead of 2.8 million jobs still puts those jobs in the positive category, not the negative one.
We’re talking basic high school math, here. We’re also talking about basic high school geography. Any school kid knows that the US population is just north of 300 million, including babies and senior citizens.
Santorum also goes off the rails elsewhere, claiming he’d enact a zero percent corporate tax rate for any company who makes anything in America, and says he’s just as opposed to civil unions as marriage equality. I’m glad this asshole will never be president, but I’m also glad we’ll be able to beat up him through the primary season.
(Video at the death+taxes link above)