Link to the “Seventh Quarterly Report” above. Some thoughts after reading over the document:
* The report was written by the White House’s Council of Economic Advisors. It tries to show how jobs were created; it does a much better job of showing how the deficit has ballooned.
* $278,000 per job created “or saved” – an amazingly inefficient way of creating employment.
* For the past two quarters (six months) the stimulus has actually been working in reverse, “stimulus” is now causing jobs to disappear.