Trajan
conscientia mille testes
The Stimulus package was sold to the public being an spending initiative that would prevent unemployment from going over 8%. It didn't.
With hindsight (i.e. better data) it's clear that the unemployment rate was already at 8.2% before the stimulus passed and at 8.6% a few days after it passed.
and?
so they DID(?) see the picture getting worse and tried to head it off at the pass?
I thought they said later when unempl. surpassed 9% that the economy was worse than they suspected?