Just in the third quarter of this year alone;
CBO estimates that ARRA’s policies had the following effects in the third quarter of calendar year 2010:A huge tip of the hat to Barack Obama and the Democrats for doing what was right even if the Stimulus was about half the size it should have been.
- Raised real (inflation-adjusted) gross domestic product by between 1.4 percent and 4.1 percent,
- Lowered the unemployment rate by between 0.8 percentage points and 2.0 percentage points,
- Increased the number of people employed by between 1.4 million and 3.6 million, and
- Increased the number of full-time-equivalent (FTE) jobs by 2.0 million to 5.2 million compared with what would have occurred otherwise. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers).
And to the naysayers and America-haters who continue to lie about its effect - fuck off - you're all proven liars!
