In business, when you miss your plan …

… you get fired.

In government, you cite bad luck and argue that things might have been even worse.

The numbers say it all … expend $1 trillion and get:

This entry was posted on November 8, 2011 at 6:50 am and is filed under Employment - Jobs, Financial Crisis, Stimulus Bill. 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.

BJ D'Avella Says:
November 9, 2011 at 8:30 pm | Reply
Curious what you think of the claim in the blog post linked to the article – is there merit to the claim that the stimulus created 100s of thousands of jobs, but that unemployment is still higher than was predicted simply because the White House grossly underestimated the depth of the recession?

I’d love to see some sensitivity analysis that puts the claim to the test in various scenarios – just how bad did the economy have to be to thwart all the good the stimulus would have created? How would you even measure such a thing?

The Homa Files