From a email regarding the pork stimulus plan:

By the fourth quarter of 2010, over 3,994,000 jobs are estimated to be created and/or saved due to the American Reinvestment and Recovery act according to Moody’s

I’m all for efforts to create jobs in this economy, but I have heard this question asked before and it bears repeating:

What tool measures “saved” jobs?

There isn’t one, it is simply marketing propaganda.  Granted, the qualifying word in the sentence is “estimated,” but the real issue is job creation.  I think it was Peter Drucker who said if you can’t measure it, you can’t manage it.  The focus this year and next should be on job creation instead of an indefinable saved jobs estimate.

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