Stimulus Was A Success, Says The CBO, Among Others
Compared to what would have happened with no stimulus.
Most authorities don’t think the stimulus failed. The nonpartisan Congressional Budget Office, for instance, says it created between 1.2 million and 4.6 million jobs “compared to what would’ve happened otherwise.” IHS Global Insight, Macroeconomic Advisers and Moody’s Economy.com all estimate that the laws ultimate impact will be roughly 2.5 million jobs. Economists Mark Zandi and Alan Blinder put it at 2.7 million jobs.Click here for reuse options!
Copyright 2011 Liberaland