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.
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