A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) increased the number of people employed by between 1.0 million and 2.9 million jobs as of June.
In other words, between 1.0 million and 2.9 million people employed in June owed their jobs to the Recovery Act. This estimate, by Congress' non-partisan economic and budget analysts, is more comprehensive than the 550,000 jobs that ARRA recipients reported in July, CBO explains. LinkHmm. I wonder why the Republicans fought so hard against the stimulus and continue to fight against anything that might repeat its success?
Could it be that they'd rather the economy fail, giving them their best chance of retaking the White House, than give the President a victory?
Naah. Why that's outrageous!
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