I Believe! I Believe! Praise Obama!
Barack saved my job!!!
The very fact that I am still working means the stimulus plan worked! Barack Obama is Da Man! He said he was going to create or save all these jobs and…He. Saved. My. Job. Take that all you non-believers!
An actual answer to the question “What metric?” could have taken the form: “If the unemployment rate on [insert date] is below [insert threshold], I will judge the plan to be a success.” Given the uncertainties inherent in the economy, however, no sensible politician would hold himself to such a measurable standard. But the President also wanted to avoid sounding like he was avoiding accountability. So he gave us a non-measurable metric. A clear and specific benchmark, without any way of ever knowing whether it has been reached.
Oh, that’s very different. Never mind.
Greg Mankiw, you’re such a buzz kill. Really.
I’ve spent so much time since January 20th rolling my eyes that I now feel like a slot machine.
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