A few weeks ago the Obama administration came out with some claims about how many jobs the stimulus bill had created to date. I heard some news agencies, Rush Limbaugh, and others pick apart the numbers. I sort of ignored the story and thought that it was a little petty. Then yesterday, I caught wind of a few states that noticed there were jobs created in non-existing congressional districts.
So let’s start from the beginning and sort it out. On Feb. 17, Congress passed the American Recovery and Reinvestment Act of 2009, at the request of President Obama. The act was created to help curb the effect of an ensuing economic crisis. Like any government program it is big and complex. It has three goals: (more…)