Democrats, revel in your creation.
How Effective Was The 2009 Stimulus Program?(Forbes)
So the stimulus — the so-called American Recovery and Reinvestment Act of 2009 or ARRA — is starting to wind down. What are the results?
Depends on whom you ask, of course. Conservatives will say unemployment is near double-digits and growth is slow, so clearly it didn’t work. Liberals will say yes, unemployment is too high but that’s just a sign the stimulus wasn’t big enough. It worked when you think about how much higher unemployment would have been without it. And, come to think of it, we need more stimulus. Each side can find facts and models to fit its worldview.
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Sure, let's have a debate about it - every day, until election day. Because like it or not, unemployment is high, the economy is in a long term depression and Obama had his way with us and the country feels physically abused.
Despite White House Protests, Stimulus Still Cost Taxpayers $278,000 Per Job
Why does the White House have a problem with basic math?
On Sunday, I noted that an estimate from President Obama’s own economists shows that the economic “stimulus” has cost taxpayers $278,000 per job and that, without the “stimulus,” 288,000 additional jobs would have been added or saved over the past six months. Yesterday, the White House fired back. But its response further confirms that a large portion of “stimulus” spending has done nothing whatsoever to create jobs — and that the “stimulus” is now working in reverse, causing the economy to shed jobs.
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