So the stimulus worked right?

I have tried to point out earlier that economists were pointing to this change in the economy before, during and after the stimulus debate. Now the Washington Post has a top of the front page article entitled "Stimulus Credited for Lifting Economy":

"The Recovery Act has played a significant role in changing the trajectory of our economy and changing the conversation about the economy in this country," Biden said in a speech at the Brookings Institution, a Washington think tank. "Instead of talking about the beginning of a depression, we are talking about the end of a recession." . . . .

It is a bit ironic that this top story comes out today as the unemployment increases to 9.7 percent.

Labels: , ,


Post a Comment

<< Home