Posted on 02/21/2010 5:09:33 AM PST by Oldeconomybuyer
THE NUMBERS are in, and there can no longer be any doubt that President Obama’s stimulus bill, passed just over a year ago, helped pull America from the brink of economic catastrophe, in part by creating millions of jobs that would not otherwise have existed. All of the major economic research firms that have studied the stimulus’ effect have come to this conclusion.
Still, though, it’s ridiculous to deny, as many have, that adding 2.5 million jobs was a poor use of government funds.
Stimulus opponents, often motivated by strictly ideological or political concerns, have repeatedly claimed that the bill didn’t create a single job that the economy wouldn’t have created anyway. This isn’t true, and it should be beyond the bounds of political debate to claim it.
(Excerpt) Read more at boston.com ...
It just started snowing again here. The power was out for most of the day to boot. Life goes on however.
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