Rep. Darrell Issa (CA), ranking member on the House Oversight and Government Reform Committee, on today's stimulus hearing:
When Vice President Biden was asked to justify the Administration’s stimulus job promises in the face of economic reality, he admitted that the Administration “misread the economy.” This misreading, however, didn’t stop the Administration from touring the country hyping the success of the stimulus effort in creating 150,000 jobs. These job claims are based on the same flawed macroeconomic models that the Vice President now admits were incredibly mistaken. These macroeconomic models also reflected the cleverly unaccountable measure of “jobs saved.” Since no one can possibly disprove a “jobs saved” claim, the Administration has rigged the game in its own favor. As our Senate Democrat colleague Max Baucus said, the Administration has “created a situation where [it] cannot be wrong.
