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May 15, 2009

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It is easy to "save 4 million jobs" as the objective measurement is always a subjective opinion. You can apply the same logic to retail store sales or "dealer price" on an automobile -- using the administration's logic, you effectively made more money because we saved you money on the purchase.

Very subjective indeed.

Sluf

Sluf,

There's an old (and sexist) joke about a spouse who comes home from shopping after a big sale with multiple big bags filled with merchandise under each arm, saying, "Look how much money I saved!"

Of course, saving jobs prevents more people from not having jobs which eases up the pool size for applicants for a job. The more unemployed people there are, the more laid off, the fewer people there are spending money in the economy keeping other jobs afloat. Isn't that pretty basic ECON stuff.

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