Quote:
Originally Posted by Barefootsies
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That is one of the dumbest articles I have ever read.
Not because the stimulus package did or didn't work, but because the argument that is being used in the article to conclude that it didn't work just isn't valid.
It's like a patient complaining that his meds don't work because his blood pressure has continued to rise - while leaving out the key fact that he's been eating half a roasted pig a day.
The stimulus package isn't the sole determinant of employment figures, so looking merely at job losses is completely pointless. To see if the stimulus package has had an effect or not, a thorough comparison needs to be made between the actual numbers and an estimate of the numbers we would have seen without the stimulus package.