A Washington Post article discussed the various estimates of the impact of the stimulus. It notes two private forecasts that put the number of jobs generated at between 2.0 -2.5 million, compared to a forecast by the Obama administration of between 3.0-3.5 million. It is worth noting that much of this difference is due to the fact that the stimulus package passed by Congress was about 15 percent smaller (after pulling out the alternative minimum tax adjustment, which created no jobs) than the package proposed by President Obama. Of course a smaller stimulus would be expected to have less impact.
There's too much at stake this November for us to quit. As we navigate another presidential election year, thoughtful independent journalism is more important than ever. We're committed to bringing you the latest news on what's really happening across the country this election season, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in America.
Quality reporting doesn't come for free, and we don't have corporate backers or megadonors to rely on to fund our work. Everything we do is thanks to our incredible community of readers, who chip in a few dollars at a time to help make what we do possible. This month, we're trying to raise $50,000 to help fuel our election year coverage, and we need your help to make it happen. Any amount you give will help us deliver the high-quality coverage you expect from us this election season.
