“The director of the nonpartisan Congressional Budget Office, Douglas Elmendorf, has estimated that the stimulus saved or created more than 3 million jobs. Princeton economist Alan Blinder and Mark Zandi, chief economist at Moody’s Analytics, have estimated that the stimulus, together with the bank bailout started by President George W. Bush and continued by Obama, saved or created more than 10 million jobs…
Economists debate whether the stimulus lived up to its promise or was worth the cost, but no one seriously argues that it created no jobs. Many believe it helped to end the recession even while falling short of its employment goals.”
- AdWatch: Simplistic ad assails economic stimulus - seattlepi.com
Economists debate whether the stimulus lived up to its promise or was worth the cost, but no one seriously argues that it created no jobs. Many believe it helped to end the recession even while falling short of its employment goals.”
- AdWatch: Simplistic ad assails economic stimulus - seattlepi.com