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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (95979)7/4/2011 9:14:55 AM
From: cirrus  Read Replies (2) | Respond to of 149317
 
Virtually every competent economist at the time agreed that the stimulus was necessary to stem what was essentially an economic free fall. Now that the economy has stabilized the Monday morning quarterbacks are saying "it wasn't that bad." Baloney. Look at the Dow back then and now.

The analysis indicates that the Recovery Act has raised the level of GDP substantially relative to what it otherwise would have been and has saved or created between 2.4 and 3.6 million jobs as of the first quarter of 2011.

CEA estimates that as of the first quarter of 2011, the ARRA has raised employment
relative to what it otherwise would have been by between 2.4 and 3.6 million.



To: Neil H who wrote (95979)7/4/2011 3:39:52 PM
From: Wharf Rat  Read Replies (1) | Respond to of 149317
 
Cost per job includes material. In the case of my health clinic, the cost of 200 solar panels, along with inverters and mounts. Somebody also worked to manufacture another 200 panels, etc, and replace them at the distributor's warehouse. Etc, etc. And the bennies will keep on giving for 25 years, +.

Cement and ashalt for roads, steel for bridges, etc.


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