President Obama's claim that the economic spending act will create or save 3.5 million jobs is an ingenious one from a political standpoint. Economists would agree that there is no way to tell how many jobs anything saved. Most people do not realize this. So, when the bill only creates half a million jobs (seems like a lot, until you look at the price of the bill, spending almost a trillion dollars to create five hundred thousand jobs, that is not good economics), Obama can go around saying that it saved 3 million jobs. Nobody will be able to prove either way how many jobs it saved, if any. The media lapdogs will just happily report that our leader has saved 3 million jobs and most people will not question it. The wording in that claim was a brilliant political move, but that is all it is, a political move.
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