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One More Time: The Stimulus Worked

By Jonathan Cohn, The New Republic - August 31, 2011

Republicans and their allies keep saying the Recovery Act didn't work. The experts keep saying that it did. The latest is the Congressional Budget Office, which this week released a new economic projection and, in so doing, confirmed its earlier finding that the Recovery Act succeed in its primary goal: Saving or creating jobs in order to offset the effects of the recession.

As of June, the agency says, between 1.0 and 2.9 million more people are working because of the Recovery Act. And that figure actually seems to understates the impact.

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