The Stimulus and Jobs

http://www.futureofcapitalism.com/2010/02/the-stimulus-and-jobs

A news article in today's New York Times adds to the point by Thomas Sowell mentioned earlier. Reports the Times: "with the unemployment rate at 10 percent by the end of the year, higher than the worst-case scenario the White House forecast when it proposed the stimulus, skepticism about the stimulus's effectiveness has remained high. Stung by a storm of criticism this fall after numerous errors in the jobs reports were publicized, the White House released the latest figures quietly. This time there was no news conference, as there was last time, but rather a statement late Saturday night from Vice President Joseph Biden Jr."

by Editor  |  Feb 2, 2010 at 1:38 pm Related Topics:  Stimulus receive the latest by email: subscribe to the free futureofcapitalism.com mailing list