Topic summary
Recovery Act
Extracted from the Wikipedia article American Recovery and Reinvestment Act of 2009.
Developments under the act and estimates of the act's effects
On February 12, 2010, the Bureau of Labor Statistics, which regularly issues economic reports, published job-loss data on a month-by-month basis since 2000. Organizing for America, a community organizing project of the Democratic National Committee, prepared a chart presenting the BLS data for the period beginning in December 2007. OFA used the chart to argue, "As a result [of the Recovery Act], job losses are a fraction of what they were a year ago, before the Recovery Act began." Others argue that job losses always grow early in a recession and naturally slow down with or without government stimulus spending, and that the OFA chart was misleading.