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Politics : Sharks in the Septic Tank

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From: TimF11/11/2009 3:23:51 PM
1 Recommendation   of 82486
 
Let’s Put Them In Charge Of Our Health



transterrestrial.com

Comments

Karl Hallowell Says:
November 6th, 2009 at 12:38 pm

We can’t prove that the Stimulus saved or lost jobs. But it’s worth noting that the detractors to the Stimulus predicted this sort of thing, while the supporters of the Stimulus did not. Further, there was some bad law in the Stimulus bill that on its own would have lost jobs (eg, the COBRA extension for unemployed with costs temporarily shifted to employers). This sort of curve is what you would expect, if the Stimulus lost rather than “created or saved” jobs.

Al Says:
November 7th, 2009 at 12:39 pm

The largest negative effects of the Stimulus haven’t even kicked in yet. The spending was deliberately loaded to be right in front of the 2010 elections. So… the best Stimulus II that I can imagine would be “Repeal at least all currently unspent allocations from Stimulus I.”

transterrestrial.com
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