[x]
Welcome to the Stink Eye Discussion Forum!
Join the Discussion! Click Here for Instant Registration.
The Stink Eye Conservative Forum; Politics, News, Republican Election Headquarters
August 11, 2022, 05:27:01 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
 
   Home   Help Search Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: CBO: 600,000 to 1.6 Million Employed by Stimulus  (Read 1056 times)
0 Members and 1 Guest are viewing this topic.
JohnBrowdie
Administrator
Hero Member
*****
Offline Offline

Posts: 8296


The Stink Eye is Watching You, Barry


« on: December 01, 2009, 11:42:31 AM »

using what sort of "evidence about how previous similar policies have affected the economy"?  and what is the difference between a "sustained" job and a "saved" job, and how on earth would you prove either one?

it's interesting that before the stimulus, CBO estimated that it would result in between 600,000 and 1.5 million more jobs that would have otherwise existed, and then proceeded to prove itself right.  I don't guess anyone expected the CBO to prove itself WRONG, did they?

Quote
CBO: 600,000 to 1.6 Million Employed by Stimulus
The Congressional Budget Office late Monday said it estimates that the federal stimulus package sustained between 600,000 and 1.6 million jobs in the third quarter, and raised gross domestic product by 1.2 to 3.2 percentage points higher than it would have been without the program.

The CBO said the figures were estimates made "using evidence about how previous similar policies have affected the economy and various mathematical models that represent the workings of the economy."

More
Logged

"Dumb people elect dumb people." -- Natstew
Pages: [1]   Go Up
  Print  
 
Jump to:  

Contact Us by Email
Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC Valid XHTML 1.0! Valid CSS!