Archive for March 2nd, 2010
Article in Bloomberg Discredits CBO
A recent article in Bloomberg was very critical of the Keynesian models used by the CBO to come to its conclusion that the Stimulus Package saved between 1.4 to 3 million jobs. According to the author, Kevin Hassert:
Both of these old-school Keynesian models, by the CBO’s own admission, “tend to predict greater economic effects” from [...]
Posted: March 2nd, 2010 under Economy, Obama.
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