Monday, November 2, 2009

GOP ‘dividing apples by oranges’ to create bogus stimulus figures, AP says

WASHINGTON — Beware the math. Some Republican lawmakers critical of President Barack Obama's stimulus package are using grade-school arithmetic to size up costs and consequences of all that spending. The math is satisfyingly simple but highly misleading.

It goes like this: Divide the stimulus money spent so far by the estimated number of jobs saved or created.

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