MONTHLY JOB LOSSES
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By the way, as virtually all of the public and private sector analyses of ARRA concluded, there were more than three million jobs in the economy at the end of 2010 that would not have been there had it not been for the stimulus bill. At their peak, the 90,000 infrastructure projects alone were providing jobs and paychecks to more than 750,000 Americans.
Who do you think food stamp and COBRA benefits went to? Unemployment benefits are meanwhile set by the states. All Obama did was create and fund the federal tiers of emergency extended unemployment benefits.
Which standards for any federal disability program do you think were changed? Are you sure that the jobs disabled people had been doing weren't preferentially among those eliminated?
And of course 37% of ARRA -- more than $290 billion -- went to tax cuts, including about $240 billion that went directly to individuals.
Yes, there is an explanation needed since some $26 billion went into science and health over two years. Maybe track down a few of those projects and report back on how they are doing.
More than 90,000 infratsructure projects were completed providing more than 750,000 jobs at the peak. There were projects near you no matter where you live. Well, maybe not on the moon.
States received $140 billion in budget support. This was fast-acting pain relief and preserved the jobs of thousands while allowing key state services to continue. Had Republicans been a smarter bunch, they would have renewed a good part of this aid in 2011. Instead, their takeover of the House turned into its own little mini-recession.