ESTIMATED IMPACT OF THE AMERICAN RECOVERY AND REINVESTMENT ACT ON EMPLOYMENT AND ECONOMIC OUTPUT FROM APRIL 2011 THROUGH JUNE 2011
~They raised real (inflation-adjusted) gross domestic product by between 0.8 percent and 2.5 percent
~Lowered the unemployment rate by between 0.5 percentage points and 1.6 percentage points
~Increased the number of people employed by between 1.0 million and 2.9 million
~Increased the number of full-time-equivalent (FTE) jobs by 1.4 million to 4.0 million compared with what would have occurred otherwise.
This means that the ARRA increased our nation's output and decreased unemployment.
Source: http://www.cbo.gov/doc.cfm?index=12385
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