Politics

Oh Look, Another CBO Report on the Effects of the Stimulus!

|

Don't worry, it's two-ply.

Once again, the Congressional Budget Office reruns the same models that it used to estimate that the stimulus would create jobs and finds that, to the surprise of no one, that the model still says that the stimulus creates jobs. Hooray for the stimulus! Nevermind that the CBO's director has confirmed that these reports do not serve as independent checks on the real-world effects of the spending, it's news!