Friday, October 23, 2009

Romer: Impact of stimulus will level off


Romer: Impact of stimulus will level off:
"top White House economist says spending from the $787 billion economic stimulus has already had its biggest impact on economic growth and will likely not contribute to significant expansion next year."

Not a surprise to most. It never was a "stimulus", just an enormous pork dump on Barry's favored comrades.

The semi-bright side of this debacle might be that the world has seen just about every socialists economic-trick and they don't work.

Maybe some will start to get the message?

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