Wednesday, June 03, 2009

Lott: Is the Stimulus Working?


http://foxforum.blogs.foxnews.com/2009/06/02/lott_obama_stimulus-2/

Thus, what Romer was predicting would be the worst-case scenario if the stimulus was not quickly enacted is occurring with the stimulus plan in place.

Paul Evans, the editor of the Journal of Money, Credit, and Banking and an economics professor at Ohio State University, agrees with this and tells FOX News: "Most likely the economic recovery would have been more rapid at this point without [the stimulus package]."

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