Again and again tonight, and over the past few weeks, the president said the stimulus bill “will save or create up to 4 million jobs.” How exactly do we measure jobs that are “saved”—i.e., that would have been lost but weren’t? Will every American who hasn’t lost his job a year from now be indebted to the stimulus plan for saving it? Is this just a way to make sure he meets his goal regardless of what actually happens?

About the Author
Yuval Levin is the director of social, cultural, and constitutional studies at the American Enterprise Institute and the editor of National Affairs. His most recent book is American Covenant: How the Constitution Unified Our Nation -- and Could Again.
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