Thursday, February 17, 2011

how the GOP is basically lying about the effect of their budget cutting, and the stimulus, on job creation #p2

Good question from John Aravosis:

Pretty good AP story about how the GOP is basically lying about the effect of their budget cutting, and the stimulus, on job creation (their budget cutting will kill jobs, the stimulus created them).  But why did AP use the old CBO study of the stimulus bill and not the newest one that shows a heck of a lot bigger impact of the stimulus on job creation?

The AP story says: "The nonpartisan Congressional Budget Office said in late 2009 the stimulus 'lowered the unemployment rate by between 0.3 and 0.9 percentage points and increased the number of people employed by between 600,000 and 1.6 million compared with what those values would have been otherwise.'"



rest at http://www.dailykos.com/story/2011/02/17/946157/-AP-underplays-stimulus-results?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29

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