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Old 12-29-2011, 02:51 AM   #367
Gozer
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Quote:
Originally Posted by Calgaryborn View Post
No I'm suggesting that it was misspent because it improved nothing according to your chart.
My chart in 351 suggests that it improved the job-situation greatly.

The CBO agrees:
Quote:
"[The stimulus bill] lowered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "[i]ncreased the number of people employed by between 1.4 million and 3.3 million."
http://www.cbo.gov/ftpdocs/117xx/doc...08-24-ARRA.pdf


I concede that Obama said that unemployment would remain under 8% with his bill, but I doubt that even you consider that claim to be a reliable foundation for evaluating the success of the stimulus.
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