…And Unemployment Would Have Been Higher

Via Flickr:
The Congressional Budget Office estimated that because of the Recovery Act, the unemployment rate has been lower each year since 2009 than it otherwise would have been. CBO finds that in the fourth quarter of 2011 was 0.2 to 1.1 percentage points lower than it otherwise would have been and payroll employment was between 0.3 million and 2.0 million jobs greater than it otherwise would have been.

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