The economic stimulus plan has created or saved 150,000 jobs since its inception in February, a senior White House Budget Office official said Wednesday.Eventually. And eventually, Obama will no longer be president, and maybe we can begin to recover from this disaster.
Rob Nabors, the deputy director of the Office of Management and Budget, told a congressional panel that the jobs figure is based on an economic model used by the Obama administration.
He told the House Oversight Committee that the administration didn't differentiate between jobs created and existing jobs saved.
Both congressional Democrats and the Obama administration have continued to state the $787 billion stimulus plan will eventually save or create 3.5 million jobs.
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