FACTS: Job Losses have slowed by over HALF since Stimulus was signed.

[Soral]

A Tea-Party blogger pointed out this statistic to me, throwing it as an insult at Obama...

Twenty-eight months after Congress passed President Obama’s signature economic stimulus law, and nearly one year after he declared the summer of 2010 to be “Recovery Summer,” 1.9 million fewer people are employed.
http://cnsnews.com/news/article/after-28-months-stimulus-spending-19-mil

WOW! That sounds bad! You know... until you look at how bad it was prior to the Stimulus...

NEW YORK (CNNMoney.com) -- The hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year's total job losses to 2.6 million or the highest level in more than six decades.
http://money.cnn.com/2009/01/09/news/economy/jobs_december/

So, just to lay this out as simply as possible....

Pre-Stimulus, we were losing 2.6 million jobs a year.


Post-Stimulus, we are losing 0.95 million jobs a year.


Sounds like it saved us more problems than if it was never put into place.


http://connecticutwits.blogspot.com/2011/06/reality-stimulus-slowed-unemployment-by.html
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[Tempest]

1. There is also these facts to consider...

1. Several conservative run states refused the money.

2. Other conservative states, like Texas, redirected the stimulus money into paying down existing budget deficits.

[Brickbat]

2. Is that part of the new normal, being happy about fewer job losses?

[Soral]

4. No, its just important to point out that it didn't hurt, and only helped

[gratuitous]

3. And if the entire stimulus package had been spent

Job losses might have been even less. We might have even seen some gains. Instead, the half-measure stimulus package that was passed didn't go nearly far enough, and a lot of money that was appropriated was never spent. Meanwhile, roads, bridges, schools, and other public works projects continue to age and fall apart, and businesses get to complain about how tough it is trying to recruit fully-qualified applicants for jobs paying as little as they can get away with.

Tighten your belts some more, you lazy-ass poor people! And those of you who've eaten your belts already can just go without. Anything's better than forcing Charlie Sheen or Paris Hilton to pay an extra three cents on the dollar in taxes on their "earnings" above a quarter million dollars a year.