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    Read the charges
  2. ARRA was passed and signed into law in February (after being cut back by about 10% as the price for the necessary three Senate Republican votes). From that point on, there was no further need for projections explaining what such a bill WOULD do. The need instead was for reports of what the actual bill was actually doing. Those have been prepared and released quarterly by both CEA and CBO, as well as by a variety of private sector statistical shops.
  3. View Conversation
    Just from curiosity:
    "And just for kicks, let's remember that the blue-chip consensus for 2009 at the time was that unemployment would peak at around 8.25%. That's without a stimulus bill. CBO had it above 8.5% and Romer-Bernstein had it at nearly 9%. For those of you foolishly trying to keep score at home, the administration wins. Meanwhile if those models had been rerun using data available in an April-May instead of a December-January timeframe, they would all have projected double-digit unemployment rates by Fall."

    Was there ever any April-May projections made?
Showing Visitor Messages 1 to 3 of 3
About Cardinal Fang

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