May
8
In January, the Obama administration to be kindly put together a report, The Job Impact Of The American Recovery And Reinvestment Plan. It included a graph showing what the unemployment rate would be going forward with and without the stimulus package.
Innocent Bystanders have kindly amended the graph with indicators showing where march and april’s unemployment figures fit into the two different predictions.
The graph is after the jump. You decide how well the urgent stimulus package is working so far.
$787 billion well spent?
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3 Responses to “So How’s That Stimulus Package Coming Along?”
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[...] The stimulus bill was rushed through Congress without the necessary due diligence that spending $787 billion demands. Government spending is wasteful and inefficient and this report seems to vindicate that fact. Perhaps that is why unemployment figures are tracking the predicted model for non-stimulus unemployment. See here. [...]
[...] of my first posts on this blog referenced a graph that showed unemployment figures tracking the predictive rate of [...]
[...] 9.4%? You’d be right, it’s certainly higher than the Obama Administration expected at this point of the Presidency. Well if the real unemployment numbers are considered, 9.4% is very low: The real [...]