Appearing on MSNBC, ex-WH Communications Director Anita Dunn tackled the issue of the Obama administration and the great stimulus debate.
Apparently, the new narrative is that the WH misstepped in defining the stimulus as a job creation measure because they had no idea how bad the economy was. (Ah, is this a "BIOB" moment?)
Two points of note:
1) "The administration, like everybody else in the United States, didn't understand on Election Day 2008 just how bad the economy was. And because of that, the initial positioning on the economy and on some of the legislation was defined in the context of job creation - a way that was impossible for them to actually carry out."
2) "Nobody denies that the stimulus worked..."
And someone might want to tell "Recovery Summer" cheerleader Joe Biden that the stimulus was defined in a "way that was impossible for them to actually carry out"...
However, it is worth noting that the CBO did issue a report (.pdf) saying the stimulus package created or saved up to 3.3 million jobs and boosted the gross domestic product by up to 4.5 percent. Yet, Douglas Holtz-Eakin, former CBO director, tells Fox News that, "This is repackaging previous analysis at the request of Democrats in Congress. This is based on a computer model, and with computer models you get out what you put in, and the kinds of models that the CBO uses is one where the stimulus can't fail to work."
Dunn is married to Robert Bauer, current White House Counsel.
P.S. Article quote find of the day goes to Business Week:
"More people today believe Elvis Presley is alive than that the stimulus worked."