{"id":340897,"date":"2010-02-19T10:43:43","date_gmt":"2010-02-19T15:43:43","guid":{"rendered":"tag:www.southernstudies.org,2010:\/\/5.12148"},"modified":"2010-02-25T09:33:57","modified_gmt":"2010-02-25T14:33:57","slug":"institute-index-recovery-by-the-numbers","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/340897","title":{"rendered":"INSTITUTE INDEX: Recovery by the numbers"},"content":{"rendered":"<p>        <span class=\"mt-enclosure mt-enclosure-image\" style=\"display: inline;\"><a href=\"http:\/\/www.southernstudies.org\/images\/sitepieces\/unemployment_insurance_rally.jpg\"><img loading=\"lazy\" decoding=\"async\" alt=\"unemployment_insurance_rally.jpg\" src=\"http:\/\/www.southernstudies.org\/assets_c\/2010\/02\/unemployment_insurance_rally-thumb-250x187.jpg\" class=\"mt-image-right\" style=\"margin: 0pt 0pt 20px 20px; float: right;\" height=\"187\" width=\"250\" \/><\/a><\/span><i>This week marked one year since Congress passed the American Recovery and Reinvestment Act, legislation crafted by the Obama administration to address the nation&#8217;s ongoing economic crisis. Here&#8217;s a look at the bill&#8217;s achievements and failings by the numbers. Click on the figure to go to the original source.<\/i><\/p>\n<p><a class=\"a2a_dd\" href=\"http:\/\/www.addtoany.com\/share_save?linkname=&amp;linkurl=http%3A%2F%2Fwww.southernstudies.org%2F2010%2F02%2Finstitute-index-recovery-by-the-numbers.html\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/static.addtoany.com\/buttons\/share_save_171_16.png\" width=\"171\" height=\"16\" border=\"0\" alt=\"Share\/Bookmark\"\/><\/a><script type=\"text\/javascript\">a2a_linkurl=\"http:\/\/www.southernstudies.org\/2010\/02\/institute-index-recovery-by-the-numbers.html\";<\/script><script type=\"text\/javascript\" src=\"http:\/\/static.addtoany.com\/menu\/page.js\"><\/script><\/p>\n<p>Number of jobs created by the American Recovery and Reinvestment Act to date: <b><a href=\"http:\/\/www.nytimes.com\/2010\/02\/17\/business\/economy\/17leonhardt.html?ref=business\">1.6 million to 1.8 million<\/a><\/b><\/p>\n<p>Total number of jobs created or saved by ARRA in the 13 Southern states*: <b><a href=\"http:\/\/www.whitehouse.gov\/sites\/default\/files\/20100216-annual-report-progress-recovery-act.pdf\">624,000<\/a><\/b><\/p>\n<p>Estimated number of jobs ARRA will create altogether: <b><a href=\"http:\/\/www.nytimes.com\/2010\/02\/17\/business\/economy\/17leonhardt.html?ref=business\">about 2.5 million<\/a><\/b><\/p>\n<p>Percentage of working Americans who got a tax cut under ARRA: <b><a href=\"http:\/\/www.progressivestates.org\/node\/24588\">95<\/a><\/b><\/p>\n<p>Number of transportation construction projects funded by the bill: <b><a href=\"http:\/\/www.progressivestates.org\/node\/24588\">12,500<\/a><\/b><\/p>\n<p>Number of housing units that have been rehabbed or developed as part of federal recovery efforts: <b><a href=\"http:\/\/www.progressivestates.org\/node\/24588\">143,422<\/a><\/b><\/p>\n<p>Jobs lost in February 2009, before ARRA passed: <b><a href=\"http:\/\/www.progressivestates.org\/node\/24588\">more than 700,000<\/a><\/b><\/p>\n<p>Jobs lost in December 2009, after ARRA passed: <b><a href=\"http:\/\/www.progressivestates.org\/node\/24588\">fewer than 200,000<\/a><\/b><\/p>\n<p>Growth in GDP in the last quarter of 2009, which Moody&#8217;s chief economist and former McCain economic advisor Mark Zandi attributed to ARRA: <b><a href=\"http:\/\/thinkprogress.org\/2010\/01\/29\/zandi-stimulus-gdp-4th\/\">5.7%<\/a><\/b><\/p>\n<p>Number of Republican lawmakers who voted against ARRA but later touted its successes: <b><a href=\"http:\/\/thinkprogress.org\/2010\/02\/17\/stimulus-hypocrisy-101\/\">110<\/a><\/b><\/p>\n<p>Date on which Rep. Jack Kingston (R-Ga.) railed against ARRA, shouting &#8220;Where&#8217;s the stimulus package?&#8221; on the House floor:<b><a href=\"http:\/\/thinkprogress.org\/2010\/02\/17\/stimulus-hypocrisy-101\/\"> 7\/28\/2009<\/a><\/b><\/p>\n<p>Date on which Kingston&#8217;s office sent out press releases bragging that he had secured hundreds of thousands of stimulus dollars for more police officers in his district: <b><a href=\"http:\/\/thinkprogress.org\/2010\/02\/17\/stimulus-hypocrisy-101\/\">7\/28\/2009<\/a><\/b><\/p>\n<p>The official unemployment rate today: <b><a href=\"http:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\">9.7%<\/a><\/b><\/p>\n<p>The true unemployment rate, including those who have quit looking for work: <b><a href=\"http:\/\/www.huffingtonpost.com\/arianna-huffington\/band-aids-bipartisanship_b_466485.html\">17%<\/a><\/b><\/p>\n<p>Unemployment rate for black Americans: <b><a href=\"http:\/\/www.southernstudies.org\/2010\/02\/voices-jobs-social-state-of-emergency.html\">16.2%<\/a><\/b><\/p>\n<p>Unemployment rate for individuals earning more than $150,000 a year: <b><a href=\"http:\/\/blogs.wsj.com\/wealth\/2010\/02\/12\/high-unemployment-not-for-the-affluent\/\">3%<\/a><\/b><\/p>\n<p>Unemployment rate for those in the lowest income tier: <b><a href=\"http:\/\/blogs.wsj.com\/wealth\/2010\/02\/12\/high-unemployment-not-for-the-affluent\/\">31%<\/a><\/b><\/p>\n<p><font style=\"font-size: 1em;\"><i>* AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, TX, VA, WV<\/i><\/p>\n<p><font style=\"font-size: 0.8em;\"><i>(Photo from <a href=\"http:\/\/www.flickr.com\/photos\/labor2008\/3562626867\/\">Building Trades Unemployment Insurance Rally<\/a>.)<\/i><\/font><br \/><\/font> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week marked one year since Congress passed the American Recovery and Reinvestment Act, legislation crafted by the Obama administration to address the nation&#8217;s ongoing economic crisis. Here&#8217;s a look at the bill&#8217;s achievements and failings by the numbers. Click on the figure to go to the original source. Number of jobs created by the [&hellip;]<\/p>\n","protected":false},"author":4085,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-340897","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4085"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=340897"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340897\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=340897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=340897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=340897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}