100 Days of the Stimulus

I was hoping for a little bit more stimulation actually.

100 days after the president signed his Economic Stimulus Bill, the White House is unveiling its progress in a new report released today. The Obama administration claims over $112 billion has already been obligated and over 150,000 jobs have been saved or created. The key word is "obligated" because the GOP claims only a small fraction of that obligated amount has actually been spent. I'd have to say I agree with them on that.

But then Alan Keyes Michael Steele falls off the deep end by announcing that even though only a small fraction of the total amount has been spent that actually all of it has been spent: "Let's be clear: 100 projects, nearly $1 trillion spent, and 1 million jobs lost doesn't sound like progress to me." Either some has been spent or all, can't have it both ways GOP. And the 1 million jobs lost didn't all just happen since Obama took office. Oh no, unemployment doubled under the GOP Bush administration. Live with it homie.

I think what sent Steele and the GOP over the edge about Obama's stimulus claims was the report actually contained numbers. An accounting method the GOP long ago abandoned.