Sunday, September 5, 2010

Lindsey Graham Gets It Wrong On The Stimulus: Blames Legislation For U.S. Job Losses

A top issue on the Sunday morning talk shows was the Obama administration's record on jobs, with Republicans hitting the stimulus and calling for an extension of the Bush tax cuts. To make, his case, however, Sen. Lindsey Graham (R-S.C.) completely distorted the effects of the stimulus, calling it a "disaster" and trying to tie it to millions of U.S. jobs lost.

On NBC's "Meet the Press," Graham called for extending the Bush tax cuts, saying the U.S. taxes and spends too much. To make his claim, he said that the country has lost 2.5 million jobs since the stimulus passed.

While it's true that there have still been jobs lost since the stimulus passed, it's not because of the legislation and it's lower than between December 2007(when the recession began) and February 2009 (when the stimulus passed). According to an Aug. 24 report by the nonpartisan Congressional Budget Office, there would have been significantly higher job loss without the Recovery Act:

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