Tuesday, March 13, 2012

Obama’s Stimulus Helped Grow Debt, Not Economy: Ramesh Ponnuru - Bloomberg

Obama’s Stimulus Helped Grow Debt, Not Economy: Ramesh Ponnuru - Bloomberg: "Factcheck.org says it’s “just false” to deny that the stimulus has created jobs. It cites the Congressional Budget Office’s estimate that the stimulus had saved or created millions of jobs. But the CBO, as its director has explained, hasn’t really checked the effect of the stimulus. It has merely reported what the results of additional federal spending and tax credits would be if you assume that spending and tax credits are stimulative."

'via Blog this'

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