More Proof That The Stimulus Worked

Politico reports:

Between 600,000 and 1.6 million jobs were created or saved through September as a result of the American Recovery and Reinvestment Act, according to a Congressional Budget Office report.

The data, released Monday, say the real inflation-adjusted gross domestic product was 1.2 percent to 3.2 percent higher than it would have been had the $787 billion stimulus package not passed in February. Also, the stimulus lowered the unemployment by between 0.3 and 0.9 percentage points, according to the report.

[…]

CBO also estimates that the stimulus upped federal spending by $100 billion while cutting tax revenue by $90 billion, according to Bloomberg.

[Emphasis mine]

Or, to put it another way, the 214 Congressional Republicans who voted against the stimulus voted for fewer jobs, a lower GDP, higher unemployment and higher taxes.

With priorities like those, I can’t imagine why anyone would vote to give the GOP the majority again anytime soon.

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