Okay, we already know that almost everything that the Obama Administration says is either a flat out fabrication, or at least a very carefully parsed half-truth. American Thinker exposes one of those "truths."
How many times over the past few months have you heard Obama or his surrogates in the MSM say "Obama has created 2.5 million jobs?" I know I heard DNC Chair Debbie Wasserman Schultz say it within the past couple of days. In your heart you know it isn't true, but you don't have the information to challenge it. Well, I stumbled across this terrific article at American Thinker today.
Nothing like exposing liberal lies for what they are. Be sure to read the whole thing, I'm just posting the heart of it--follow the link:
Where are the 2.5 Million Jobs, Mr. President?There's not much I can add to this article. As usual, Obama and the left give us academic theory rather than real world fact--they still haven't learned to discern the difference between the two, which is why they have academics in charge of trying to create jobs rather than businessmen and women who have actually accomplished it.
By Karin McQuillan
. . ."Obama tells us his stimulus plan was a brilliant success. Yes, it plunged us into economy-destroying debt and deficit. The alternative would have been worse, we are told. All three of my friends and family in financial straits are loyal Democrats, and they believe him. "Obama created 2.5 million jobs," my underemployed friend tells me. "Without his policies, it would have been much worse."
"What are the jobs?" I asked him. Neither one of us had a clue.
We sat down together at the internet and did a Google search, 'stimulus job creation.'
We found out where the number 2.5 million jobs' created or saved' comes from. It comes from a formula. The formula comes from a theory. The formula says that for every dollar the government spends, 1.5 dollars' worth of economic activity is generated, and presto, jobs come out. The economic geniuses working for Obama want us to believe that by definition, since they spent almost a trillion dollars in 'stimulus', they automatically created 2.4 million jobs. This is called the multiplier effect . . ."
If you are as tired of the lies and statistics liberals always cite--most of which are like this, created out of thin air, it is helpful to have articles such as this one available to debunk them.