Billy000
Democratic Socialist
- Nov 10, 2011
- 32,249
- 12,982
1) The Stimulus: created around 2 million jobs. According to Moody Analytics, it "significantly softened the recession."
What is Obama's actual record on creating jobs? | syracuse.com
2) According to this site that cites empirican research, it is likely the Recovery Act's benefits significantly outweighed the costs:
Did the stimulus work? A review of the nine best studies on the subject - The Washington Post
3) The results of Obama extending unemployment benefits under his stimulus plan reduced the fall of GDP by 18.3% and saved 1.6 million jobs
ETA News Release: US Labor Department study underscores positive impact of unemployment insurance [11/16/2010]
4) 114,407 teaching jobs have been created or saved
Education Jobs Fund - Official Website
5) The GM, Crysler bailout added about 45,000 and saved about 1 million:
http://www.whitehouse.gov/sites/default/files/rss_viewer/one_year_later_autos_report.pdf
(^^^The White House is citing the Bureau of Labor Statistics in this article)
I found other independent research showing "possible economic progress" under Obama's stimulus, but I know you cons would be quick to jump all over any information like that. For now, though, this should settle the argument that Obama "has done nothing." If you would all just stop watching Fox News (or MSNBC), you may just have an informed opinion about Obama.
What is Obama's actual record on creating jobs? | syracuse.com
2) According to this site that cites empirican research, it is likely the Recovery Act's benefits significantly outweighed the costs:
Did the stimulus work? A review of the nine best studies on the subject - The Washington Post
3) The results of Obama extending unemployment benefits under his stimulus plan reduced the fall of GDP by 18.3% and saved 1.6 million jobs
ETA News Release: US Labor Department study underscores positive impact of unemployment insurance [11/16/2010]
4) 114,407 teaching jobs have been created or saved
Education Jobs Fund - Official Website
5) The GM, Crysler bailout added about 45,000 and saved about 1 million:
http://www.whitehouse.gov/sites/default/files/rss_viewer/one_year_later_autos_report.pdf
(^^^The White House is citing the Bureau of Labor Statistics in this article)
I found other independent research showing "possible economic progress" under Obama's stimulus, but I know you cons would be quick to jump all over any information like that. For now, though, this should settle the argument that Obama "has done nothing." If you would all just stop watching Fox News (or MSNBC), you may just have an informed opinion about Obama.