2/04/2010

"every economist, from the left and the right, has said . . . the Recovery Act . . . at least a couple of million jobs . . . created" or saved

From ABC News:

“Now, if you hear some of the critics, they'll say, well, the Recovery Act, I don't know if that's really worked, because we still have high unemployment,” the president said. “But what they fail to understand is that every economist, from the left and the right, has said, because of the Recovery Act, what we've started to see is at least a couple of million jobs that have either been created or would have been lost. The problem is, 7 million jobs were lost during the course of this recession.”

Um, it’s not true that “every economist” has said the Recovery Act has saved or created two million jobs. . . .

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2 Comments:

Blogger OldSouth said...

Actually, not many have, and I've searched high and low. Not even Robert Reich makes the assertion, if I'm reading him correctly.

Therefore, is it 'every economist' that TheWan chooses to listen to within his circle?

Where are those guys and gals, willing to stake their academic reputations by backing up TheWan's claims?

Are there any out there?

2/04/2010 2:05 PM  
Blogger TooMuchTime said...

"But what they fail to understand is that every economist that we would even think of listening to or quoting, from the left and the right..."

*************

I think that is more accurate.

2/04/2010 3:47 PM  

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