Day: November 25, 2009

Do the Math

I received from a colleague the following information on the Obama stimulus package and its “success.” The Obama administration has been eager to counter the argument that the stimulus has been ineffective amid a Washington debate over whether a second stimulus might be in order.Administration officials said they looked at $150 billion of the stimulus spending and determined it had created or saved about 650,000 jobs through September 30. This is pretty simple to break down: $150,000,000,000 in stimulus /… Read more »