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View Diary: Wall Street Journal - "Obama spending binge never happened" (118 comments)

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  •  CBO & San Fran Fed studies (1+ / 0-)
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    Roadbed Guy

    What it says: Through the first quarter of 2011, the stimulus created between 1.6 million and 4.6 million jobs, increased real GDP by between 1.1 and 3.1 percent, and reduced unemployment by between 0.6 and 1.8 percentage points.

    http://www.cbo.gov/...

    What it says: The stimulus created 2 million jobs in its first year, and 3.2 million by March 2011. The jobs multiplier varies widely based on whether one studies stimulus spending that has been announced to go to certain recipients, is obligated to those recipients, or has actually been paid out to those recipients.

    http://www.frbsf.org/...

    FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Wed May 23, 2012 at 11:45:42 AM PDT

    [ Parent ]

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