I can see this blowing up in his face when companies that are labor-intensive use it to build new automated production lines, and then close the old plants and cut their work force, resulting in higher unemployment.
Only if the plants have the cash on hand to spend.
[A short-term bump that’ll be spun as “signs of the recovery”, followed by the same kind of slump we’re seeing in auto sales.]
Notice how this extends through 2011. Just long enough for Barry to get to tout recovery through the end of 2011 and through re-election. Then the economy falls off a cliff again.