CBO said that stimulus added or saved between 1.4 and 3.3 million jobs and lowered unemployment by as much as 1.8% in the 2nd quarter.
How much is that worth at this point in time? Where would consumer confidence be now if unemployment were in the mid 11% range? Where would we be with another 1.5%- 2.5% of the workplace out of jobs? Where would businesses be without an additional couple million out there spending as employed individuals?
We've used the CBO to throw stones at the stimulus. (Though as I pointed out, this was somewhat baseless, though Mafoo chose to not respond to that critique.) So are we now going to accept the CBO's analysis that the stimulus was indeed successful if not perfect?
Can't we all just get along and play our games in peace?
