The other night during his press conference, Obama claimed that his economic stimulus bill had "already saved or created 150,000 jobs."

For most of the dumb-masses out there, no one thought twice about this statistic. Considering the fact that our economy has lost well over a million jobs since Obama took office, one might wonder ... where in the heck did he get 150,000 jobs from?

It turns out that the president is basing this number on estimates of what his economic advisers THINK the economic stimulus bill is doing, rather than what it is actually doing.

An Obama spokesman explains, "... the estimate does not mean that employment has risen by 150,000. Rather, it means that employment is 150,000 higher than it otherwise would have been." The figure is simply an estimate of the number of people hired to work directly on stimulus-funded projects, as well as "jobs created by the tax cuts, aid to the states, and other parts of the ARRA." Question .... What tax cuts did the Obama administration provide that would allow for jobs to be created?

Doesn't really matter, though. You've seen those bumper stickers out there, haven't you? "Obama said it. I believe it. That settles it."