Stimulus Report: Six Months Out

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Posted: Aug 18, 2009 1:54 PM
Yesterday marked the six-month anniversary of Pres. Barack Obama's $787 billion stimulus package, aptly named the "American Recovery and Reinvestment Act." 

Some recovery. Since the stimulus bill was signed into law, the country has shed 2.8 million net jobs and increased unemployment from 7.6% to 9.4%, with 15 states seeing average unemployment of 10% or more. 

No wonder the latest Gallup poll shows that 57% of Americans believe the stimulus has failed to work, or even made things worse.  But click over to the White House website or "recovery.gov" and it's all sunshine and rainbows.