Where Oh Where Did My Stimulus Go?

ABC News reports a recent stimulus report slashed 60,000 reported "created or saved jobs" due to unrealistic job data.

The Washington Examiner, who has been following phony reports of stimulus money "creating and saving jobs" and who we linked to yesterday, writes the following:

Today's report from ABC News tells us that prior to releasing its jobs report, the administration cut out 60,000 additional jobs from unreliable reports, none of which appear to overlap with the ones we've highlighted here. Had those jobs been included in the original count, the number of jobs "created or saved" by the stimulus would have exceeded 700,000, and the number of imaginary or doubtful jobs would have approached 20 percent.

In further controversy, The White House's very own website, recovery.org, is claiming that $6.4 billion of stimulus funds (that is, just to remind you, yours and my money) in Congressional Districts that do not exist.

As the Heritage Foundation points out, that's more Districts than actually do exist.

A of couple things to note.

First: If all of this, in a nutshell, is not incompetency, I don't know what is.

Second: I think the 60,000 jobs report inaccuracy indicates this is not translating very well into the real world. Yes, it may sound great in textbooks and papers and whatnot, but this whole process is absurdly complex to implement, if not impossible to implement, and I don't believe many people in positions of power and who have already staked their careers on this working are willing to acknowledge that.

Third: Public Choice Theory, in terms of spending, has yet to rear its ugly head. Don't worry though; there's still a lot of time...

And Fourth: So what is it again we're getting out of this? Y'know, besides lighter wallets and migraines?