Tuesday, February 23, 2010

Victory?

The nonpartisan Congressional Budget Office . . . says the nation's unemployment rate was between 0.5% and 1.1% lower because of the stimulus. In other words, the unemployment rate could have been more than 11% without the stimulus package, according to the CBO's analysis.
http://content.usatoday.com/communities/onpolitics/post/2010/02/cbo-unemployment-would-have-topped-11-without-stimulus/1

Of course, we were promised the stimulus bill would keep unemployment below 8%.

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