August 30, 2011
Not Cheering – Not Zero
A new report released by the non-partisan Congressional Budget Office (CBO) estimates that the stimulus bill that went into effect in February 2009 has created between 1 million and 2.9 million jobs. While this falls short (even at 2.9 million) of where job creation needs to be it also invalidates the right-wing narrative that the stimulus didn’t work. Just this past week Sean Hannity falsely stated we are losing 400,000 jobs a month.
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