francoHFW
Diamond Member
No use telling facts to Pub Dupes- they have their own. MORONS!!
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Just more educated people for you to spew hate at huh?
No use telling facts to Pub Dupes- they have their own. MORONS!!
Many economists say Obama jobs plan will help
That was the assessment Thursday night from economists, who offered mainly positive reviews of President Barack Obama's $447 billion plan to stimulate job creation.
Some predicted it would put hundreds of thousands of people back to work next year, mainly because a Social Security tax cut for workers would be deepened and extended to small businesses.
"Payroll tax cuts are very powerful," said Allen Sinai, chief economist of Decision Economics. "They provide a boost to direct income and, in turn, spending, which is important to growth."
Mark Zandi, chief economist at Moody's Analytics, estimated that the president's plan would boost economic growth by 2 percentage points, add 2 million jobs and reduce unemployment by a full percentage point next year compared with existing law.
how many economists?
link to the specific economist opinions?
Isn't that what they said about the Crapulus bill? You know, the one that left the unemployment rate up at 9.1%?
Six. Well, some of them aren't technically Economists.
And one of those is from the (politically biased) Progressive Policy Institute.
And another one didn't exactly "like" the plan. In fact, he said"In an environment where economic confidence has been almost completely destroyed, there is a risk that both households and small businesses will save a greater proportion of any windfall, particularly if they know the reduction is only temporary"