Monday, April 26, 2010

Economists: The stimulus didn't help

Someone will go to MOPE hell for this.

The recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.

Jim,

What is also interesting is that this outcome is surprising to anyone.

Eric

The "First New Deal" (March 8, 1933) dealt with groups; from banking and railroads to industry and farming.


The first stimulus was so successful at creating jobs that a "Second New Deal" was created in 1934-35.

A "Second New Deal" in 1934-35 included the Wagner Act to promote labor unions, the Works Progress Administration (WPA) relief program, the Social Security Act, and new programs to aid tenant farmers and migrant workers.

Source: money.cnn.com
Source: en.wikipedia.org

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