For example, the non-partisan Congressional Budget Office found that the economic stimulus Obama signed into law added — in the 4th quarter of 2009 — between 1 million and 2 million employed workers and boosted the GDP between 1.5% to 3.5% higher than it would have been without the stimulus.
In addition, a more recent CBO study — for the second quarter of 2011 — found that the stimulus raised real GDP between 0.8% and 2.5% and lowered the unemployment rate between 0.5 and 1.6 percentage points, compared with what would have occurred without it.
And another analysis, by economists Alan Blinder and Mark Zandi, estimated that the stimulus raised 2010 real GDP by 3.4%, held the unemployment rate about 1.5 percentage points lower, and added nearly 2.7 jobs to U.S. payrolls.
Looking solely at quarterly Gross Domestic Product, its gone from -6.7% in the first quarter of 2009 and -0.7% in the second quarter of 09, to positive territory ever since — including 2.8% the past quarter.
And looking at monthly payroll statistics, the numbers have gone from a loss of 818,000 jobs in Jan. 2009 — when Obama took office — to 16-straight months of positive job growth, including a preliminary gain of 243,000 jobs in Jan. 2012.
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via First Read – Did Obama make the economy worse? Not according to most statistics.