Did the stimulus work or not?

sorry Caleb...the old post with your comment was deleted by accident...sorry about that...would you mind to do it again...?

A year after Congress passed President Barack Obama's huge economic revival plan, the results are mixed — and hardly final.
Despite Obama's bold promises, unemployment remains stubbornly high. But job losses have slowed dramatically.

And the nation's recent economic growth is real, even though the government has spent just one-third of the massive stimulus plan. The program_ originally estimated at $787 billion but now priced at $862 billion — is to continue pumping federal money into the economy into 2011.

Job creation became the administration's mantra. And the White House said the program would be held accountable with an unprecedented public report of every job linked to the stimulus.

Indeed, the jobs were documented one by one on a new government Web site, and the administration proudly pointed to more than 640,000 linked to the stimulus in the early months. It was the best evidence to prove that the stimulus was well on its way to fulfilling Obama's promise of 3.5 million jobs saved or created by the program.

But those counts were seriously flawed, including greatly exaggerated job claims, positions included that had nothing to do with the stimulus, and spending that had nothing to do with saving or creating jobs.

When Obama signed the stimulus law, the nation's unemployment rate was 7.7 percent. His administration had promised the program would stop the jobless rate from passing 8 percent. But weeks after the stimulus became law, that threshold was broken.

Have you heard about the stimulus before? Do you think the stimulus worked? Or do you agree with the statement from this post which said including greatly exaggerated job claims, positions included that had nothing to do with the stimulus, and spending that had nothing to do with saving or creating jobs.

http://news.yahoo.com/s/ap/20100218/ap_on_bi_ge/us_obama_stimulus_fact_check