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Here’s the latest from the White House: the 2009 stimulus package has “saved or created between 2.5 and 3.6 million jobs as of the second quarter of 2010.” You can see this in handy chart form on the right.

Now, obviously you can argue with the CEA’s analysis here. Maybe their baseline counterfactual is bogus. Maybe their GDP calculations are off. Whatever. For the most part, though, the actual complaint seems to be with their “saved or created” formulation.

As a partisan tool for tea party gatherings, I get why someone would mock this. But I’ve seen plenty of more mainstream types mock it too. Why? Isn’t this the obvious formulation you’d use if you were trying to calculate the effect of some economic policy or other? If you give the state of Florida some money and they use it to prevent a bunch of cops and teachers from being laid off, doesn’t that do as much for the employment rate as going ahead with the layoffs and then using the money to hire a bunch of new park rangers? Is there some reason, aside from crude partisanship or Maureen Dowd-esque puerility,1 for anyone to have a problem with this?

1Is that a word? Well, it should be.

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REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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