Stimulus Report: 4 Million Jobs "Lost and Dislocated"

 
 
 
 
 
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Since passing the stimulus, the Obama administration has taken every opportunity to take credit for “saved jobs” in the economy, even though there is no way to measure “saved jobs.” The term itself is unknown even to the Bureau of Labor Statistics, the office that measures the unemployment rate. Search economics textbooks across the country, and you will find one common theme: there is no such thing as a “saved job.”

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11/06/2009

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