The Stimulus Continues to Deliver

 
The Congressional Budget Office said Wednesday that President Obama’s 2009 stimulus package continues to have a significant effect.

The bill raised fourth-quarter 2011 gross domestic product by as much as 1.5 percent, it states, and lowered the unemployment rate by as much as 1.1 percentage points.

The package reduced the rolls of the jobless by up to 2 million people in the last three months of 2011.

The CBO analysis is very similar to the last stimulus report it produced in November. It continues to predict that in 2012, the stimulus will increase the number of people employed by up to 1.1 million. Link