In a PR stunt designed to assure the nation that he knows his policies have failed and its time to alter the narrative, President Obama will announce later today an "increase" in spending of the $787 billion stimulus bill that will "save or create" 600,000 jobs.That last is a knee slapper. As senate minority leader Mitch McConnel says in a Mike Allen story from Politico: Obama also will face increasing questions not only about the deficit explosion, but uncertainty about the effectiveness of the $787 billion stimulus bill. Republicans say the "save or create" metric for jobs is meaningless, since it's impossible to prove or disprove. Senate Minority Leader Mitch McConnell (R-Ky.) said in a quote provided to POLITICO: "I'm very skeptical that the spending binge that we're on is going to produce much good and, even if it does, anytime soon." Ed Lasky adds:Is this administration anything other than in permanent campaign mode-relying on imagery,...(Read Full Post)