The Wrong Trees in the Woods

Overly Stimulating
"ADMINISTRATION ESTIMATES OF JOBS created or saved by stimulus spending are embarrassingly inaccurate..."

http://online.barrons.com/article/SB125815707307947809.html?mod=BOL_hps_dc#articleTabs%3Darticle

Could it be that we're looking and counting the wrong trees in the woods and not considering the actual forest?

In other words, should we even be looking at the jobs created by government spending; or, should we be looking at jobs lost or not created by misbeguided government policies?

I'd suggest we look at whether we are creating a better, stronger, more entrepreneurially rewarding business climate or not. And, my own answer, which I'd posit is reflected in the unemployment rate, is that we are not.

While looking at what government allowed to happen to GM (bankruptcy and equity investor wipe-out to preserve some union jobs and retirement benefits) as the government's plan for the economy, it is perhaps worth considering the impact it has on investors and business people.