The Homa Files

Since Team Obama has started the chatter that “saving or creating jobs” will be measured against an 11% unemployment rate, I checked to see what economists were saying right before the stimulus was passed.  Consensus was 8.8% — to me that’s the bar to apply to Obama’s program.  Let’s see what happens.

http://online.wsj.com/public/resources/documents/info-flash08.html?project=EFORECAST07

Article:
http://online.wsj.com/article/SB123445757254678091.html

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This entry was posted on February 19, 2009 at 7:59 am and is filed under Government & Politics, Stimulus Plan. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.