Missing It

I ain't missing you at all
Since you've been gone away
I ain't missing you at all
No matter what my friends say
--John Waite

In early 2009 incoming chief economic advisor Christina Romer forecast that the Obama administration's American Recovery and Reinvestment Plan would create 3 million jobs by the end of 2010.

Romer, perhaps understanding just how far off her prediction would be, stepped down last year.

With Friday's sad payroll print (add another red dot to the above at 9.2%), it should be clear to all but the most partisan that the administration's program has clearly missed its own benchmarks.

btw, for those partisans that somehow buy the argument being advanced by the adminstration that the $800 billion stimulus program did create 3 million jobs, the math works out to a cost of $266,000 per job.

Of course, acountability for poor results is not a strong suit of government in general nor of this administration in particular.