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To: Son House
February 20, 2009

Sen. Klobuchar on Range: Stimulus bill needed for 'jolt' to economy

http://klobuchar.senate.gov/inthenews_detail.cfm?id=309042&

“In the nation, this bill will provide 3.5 million jobs in the next two years,” said Klobuchar,

...“Ninety percent of them will be in the private sector,” she said. .




2 posted on 02/13/2010 6:08:47 AM PST by Son House (The Learning Curve for Democrats on Macroeconomics is getting Exponential)
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To: Son House

This stimulus is little different than FDRs WPA and CCC programs that provided temporary government make work jobs, but did nothing to stimulate the economy. New studies have shown that the Great Depression was lengthened by these make work jobs projects as they produced nothing economically.


24 posted on 02/13/2010 7:25:47 AM PST by The Great RJ ("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
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