Stimulus Math

Back in January, Nancy Pelosi famously misspoke by claiming that “Every month we don’t have an economic recovery package, 500 million Americans lose their jobs”.

Let me defend Nancy Pelosi. This was obviously just a misstatement. What she meant was that every month they didn’t pass the “stimulus”, 500 thousand Americans lose their jobs. It’s obvious that’s what she meant, so lay off her.

Well, since then, the “stimulus” was passed. And the new jobs report came out yesterday. Guess how many people lost their jobs in a month where the ‘economy recovery package’ did pass?

650 thousand.

So there’s your comparison: every month without a “stimulus”, 500 thousand jobs lost. I boldly predict that every month with a “stimulus”, there will be something around… 650 thousand jobs lost.

I guess Pelosi just left that last part out.

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