The New Voodoo Economics: Jobs ‘Saved’ by Federal Stimulus Dollars

The federal website that tracks the final destination of the $787 billion “stimulus” package reported more than 640,000 jobs were created or saved by the funds as of October 30. A closer look at one state’s reporting, however, should cast serious doubt on that number’s veracity.

Washington state is listed as the third-highest job-generating state, according to www.recovery.gov, which records the number of jobs created or saved as 34,517.13. The problem is that at least 24,000 of those jobs were not really in jeopardy.

You read that correctly.

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