PolitiFact’s Problem with Long Division

Published August 9, 2011 1:00pm ET



Last month, I wrote that President Obama’s own handpicked Council of Economic Advisors had released an estimate that the president’s economic “stimulus” had added or saved just one job for every $278,000 of taxpayer money spent.  Obama’s economists said the “stimulus” had cost $666 billion to date and had added or saved 2.4 million jobs. $666 billion divided by 2.4 million is $278,000. Yet when Speaker John Boehner tweeted, “POTUS’ economists: ‘Stimulus’ Has Cost $278,000 per job,” PolitiFact Ohio rated his tweet as “False.” PolitiFact Texas and PolitiFact Wisconsin have chimed in with identical scoring of similar statements.

So, what does PolitiFact have against long division?  Parroting the White House (to which I responded here), PolitiFact says that the “stimulus” wasn’t all about adding or saving jobs. 

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