By Thomas Sowell "There is no reason to believe that all this runaway spending is creating jobs-- on net balance. The fact that the unemployment rate remains stuck at nearly 10 percent belies the idea that great numbers of jobs are being created-- again, on net balance.
White House press Secretary Robert Gibbs' recent rant against Rush Limbaugh for criticizing the bailout of General Motors went on and on about how this bailout had saved "a million jobs." But where does Gibbs think the bailout money came from? The Tooth Fairy?"
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