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Hume Fumes Over Stimulus

Reported by Ellen - September 27, 2010 -

Co-authored by Brian

During the panel discussion on yesterday's Fox News Sunday, Brit Hume went on a tear of false claims against Obama's stimulus package. Juan Williams - not host Chris Wallace - began to correct the record but oops! Time was up and it was on to promoting the GOP Power Player of the Week. The discussion continued on the "Panel Plus" segment where Hume continued to misinform.

At about 7:30 in the first video below, Hume said angrily that Obama "allow(ed) Congress to enact this whopping stimulus bill which was completely unfocused and promiscuous in its spending, that has manifestly failed a) to end the recession which ended in June of 2009, and b) to get the unemployment rate down."

Juan Williams responded to Hume by noting the stimulus "reduced what would have been a 16% unemployment rate according to Republican economists."

In fact, economists and independent analysts agree that the stimulus was beneficial. It raised employment by 2.5 million-3.6 million as of the 2nd quarter of 2010, and it raised 2010 real GDP by 3.4%, holding the jobless rate about 1.5% lower.

Wallace said, "Thank you panel, we'll see you next week.

In the "Panel Plus" segment (second video below), Williams pointed out that Republican economists like Mark Zandi have written that unemployment would have been even higher without the stimulus. Williams continued, saying that the auto bailouts have "been a success" and we're getting back "so much of that money" that "went to Wall Street." Williams added, "Those things have been a success," he said, noting that those successes are overlooked by conservatives.

Hume shot back that the recession ended in June 2009 when "almost none of the stimulus money had gone out the door so the recession ended more or less on its own any by virtue of the actions of the fed which are always more potent than anything Congress does." In fact, $93 billion had been spent by then.

That was another falsehood that Wallace did not correct.

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