Wednesday, November 23, 2011

One Truth Two Different Headlines

Both of these headlines are based on the CBO's latest report on the recovery act, aka stimulus. Here's the headline from Newsmax, a rightwing news outfit similar to Fox News:
Budget Office: Obama's Stimulus Failed on Jobs
Now The Hill:
CBO: Obama stimulus helping economy
Guess which one is true?
Here is the chart from the CBO report and the figures match up with The Hill story. The Hill story used the low estimate numbers. Just add up the quarters.