"Here is an embiggened version of the infamous jobs chart prepared by Obama administration economists Jared Bernstein and Christina Romer back in January 2009 (and now updated again by me with data from the August jobs report)."
Did stimulus dollars hire the unemployed? Answers to questions about the American Recovery and Reinvestment Act
"In an effort to boost hiring and job creation and to invest in a variety of domestic infrastructure programs, Congress passed and the president signed the American Recovery and Reinvestment Act (ARRA), commonly known as the economic stimulus package, in 2009. ARRA represented one of the largest peacetime fiscal stimulus packages in American history. But little is known about the ways in which organizations and workers responded to the incentives created by the bill.
To address this lack of knowledge, we surveyed hundreds of firms, non-profits, and local governments that received ARRA funding. We collected over 1,300 anonymous, voluntary responses from managers and employees that allow us to better understand what happened at the organizations that received contracts funded by ARRA spending. This bottom-up study of ARRA is the first of its kind. We hope that others, especially government agencies, will build upon this on-the-ground analysis."
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