As Job Losses Soar, Will Rescue Package Save the Economy?

In 2009, out-of-power Republicans made such a mockery of the myriad projects tucked inside the $800 billion stimulus bill that they managed to convince many Americans it hadn’t saved many jobs despite some studies showing just the opposite.
The bill was chock-full of ready-made jokes. There were funds for “sod on the Mall,” “honeybee insurance” and “smoking cessation” programs, along with the far heftier $535 million loan guarantee for the ill-fated solar start-up Solyndra. President Obama personally defended the green-stimulus loan even after it went belly-up.
Republicans went on to win back…