Treasury Secretary Timothy Geithner is saying that the Obama administration has “saved or created 3.5 million jobs.”
Jobs created so far – zero.
Of course, the sneaky word is “saved.” Odd, I didn’t realize that despite historically large job losses since Obama has been in office – a whopping 3 MONTHS! – the administration is claiming 3,500,000 jobs under its belt.
How did that happen? Can’t seem to find any corroborating evidence anywhere.
I suppose one could make up any figure they wanted. ‘Hey, we haven’t trashed the entire economy yet. If we had, __________ (plug in any number you want) people would have been out of work, so we’ve ‘saved’ that many jobs.’
Then pat yourself on the back (and ignore the highest unemployment rates since the Great Depression).