2009 address to joint session of Congress: on Jobs

Barack Obama: FactCheck: Economic plan may create only 2.2M jobs, not 3.5M

But Obama's numbers are not certain. The estimate of 3.5 million jobs is backed up by projections from different economists, but others downgraded his job estimate to 2.2 million once the stimulus legislation was finalized. It's worth noting that even Nobel-winning economists disagree sharply about macroeconomic projections. That's because macroeconomics is still a relatively new discipline. There is limited data, and even less agreement about what the available data actually mean.