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Yes. The Stimulus Did Create Jobs

American Recovery and Reinvestment Act constru...

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According to the Congressional Budget Office, the Stimulus Package (or The American Recovery and Reinvestment Act of 2009) created between 1.4 million and 3.3 million jobs.

The Annenberg Public Policy Center’s FactCheck.Org calls shenanigans on the Republican campaign rhetoric in “Did the Stimulus Create Jobs?” posted here.

The economic stimulus package is a favorite target of Republican candidates and groups, but more than a few ads falsely claim it did not create or save any jobs. Some recent examples:

  • Republican House candidate Dan Debicella charges that Democratic Rep. Jim Himes failed Connecticut’s families because he voted for a “stimulus package that has done nothing to reduce unemployment.”
  • Rick Scott, the Republican candidate for governor in Florida, says Democrat Alex Sink “backed the failed stimulus bill, which created debt, not jobs.”
  • Similarly, Sink — who never served in Congress and didn’t vote on the bill — is attacked by the Republican Party of Florida in an ad that says the stimulus “gave us big debt and no jobs.”
  • Americans for Prosperity, a conservative group that does not have to disclose its donors, aired an ad against Democratic congressional candidate Denny Heck of Washington that claimed the “$787 billion stimulus … failed to save and create jobs.” The group has launched similar ads against other Democrats.
  • Kristi Noem, a Republican House candidate from South Dakota, calls the measure a “jobless stimulus.”

The stimulus created more jobs. Period. Likely millions of jobs. From FactCheck.org:

As we have written before, the nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has “[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points” and “[i]ncreased the number of people employed by between 1.4 million and 3.3 million.”

If you hear otherwise from friends and acquaintances, please correct them.

-Chris

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September 28, 2010 - Posted by | Obama, Politics, Republicans, Stimulus, Unemployment | , , , , , , ,

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