Barack Obama's WH Chair of the Council of Economic Advisors, Christina Romer, who said the $787 billion economic stimulus plan would create 3 to 4 million jobs [see below] just announced this:
"Most analysts predict that the fiscal stimulus will have its greatest impact on growth in the second and third quarters of 2009 -- and by mid-2010, fiscal stimulus will likely be contributing little, uh, to further growth."
Photo by Alex Wong/Getty Images North America
So, there you have it folks. Romer has sung. The party's over.
~ FLASHBACK ~
Sunday, January 11, 2009 via Change.gov
Christina Romer, the Chair-designate for the Council of Economic Advisers, discusses a new report about what kinds of jobs and which types of workers will benefit from the proposed American Recovery Act.
Learn more about the three to four million new jobs that could be created by reading the report written by Romer and Jared Bernstein, the chief economist for the Office of the Vice President-elect. And watch the interview with Romer here:
0 comments:
Post a Comment