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":
It is a bit ironic that this top story comes out today as the unemployment increases to 9.7 percent.
"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.
So the stimulus worked right?
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Oleh
abudzar