Rove falsely claims "no serious economist says there is a quantifiable standard by which you can say a job is saved"
July 29, 2010 9:50 pm ET
From the July 29 edition of Fox News' Hannity:
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It's virtually impossible to say that any particular JOB was saved or created due to stimulus monies and government efforts.
It's virtually impossible to say exactly how many jobs have been saved or created.
But no sane economist TRIES to do that, or CLAIMS that they can do that!
The numbers on recovery.gov? Hard numbers from organizations that CHOOSE to report - that's a hard number, but it's self-reporting, and no one can actually say that it's an accurate number. If I'm a third grader who answers a math question with "14", I provided a hard number, but it might not be right!
What sane economists DO, with great skill and accuracy, is provide a RANGE. They look at previous job creation numbers and a whole bunch of other data to come up with those ranges!
he bicycles around the DC area flinging those things like frisbies,
GM.
Chrysler.
Were they not bailed out by your former boss, those jobs probably would have gone bye bye. A LOT of jobs.
What people don't understand that, although Ford didn't need bailout money, the GM/Chrysler bailout saved them because they share the same supply chain and would have gone through major manufacturing problems/interruptions when their suppliers went bankrupt or were disrupted by the GM/Chrysler fall out.
I don't know the exact number, but 500,000 seems about right.
More stimulus please since it was sooooo effective right OHIO!!!!!!