"'Saved or created' has become the signature phrase for Barack Obama as he describes what his stimulus is doing for American jobs..."

Jillian Bandes
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Posted: Jun 09, 2009 1:13 PM
Of course, the inability to measure Mr. Obama's jobs formula is part of its attraction. Never mind that no one -- not the Labor Department, not the Treasury, not the Bureau of Labor Statistics -- actually measures "jobs saved." As the New York Times delicately reports, Mr. Obama's jobs claims are "based on macroeconomic estimates, not an actual counting of jobs." Nice work if you can get away with it. And get away with it he has.
WSJ