Don't Call it "Stimulus"

My GMU colleague Tom Hazlett is co-author of this outstanding essay, at Real Clear Markets, on the "jobs bill."  Some select passages:

Counter to the predictions put forward a year ago by the Administration, when it claimed that "more than 90 percent of the jobs created are likely to be in the private sector," U.S. companies employed 3.9 million fewer workers in January 2010 than they did one year earlier. Public employment bucked the trend, staying constant even as governments contended with...