Monday, May 21, 2012

Dallas fed says the sky is falling…hmmm let me see beleave a barclays anaylst or Dallas fed.

http://www.dallasfed.org/research/eclett/2010/el1008.html

Compared with no stimulus, the stimulus plan in 2009 alone was expected to increase GDP by 1 to 3 percentage points, raise payroll employment by 500,000 to 1 million jobs and lower the unemployment rate by half a percentage point.

At first glance, it doesn’t appear the stimulus achieved these objectives. In the year after the [...]



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