Thursday, December 10, 2009
Friday, December 4, 2009
Stimulus Plan Just Used Up Money? Think Again
In the past year or so, America has been stuck in a recession. Many criticized Obama's stimulus package, and, ironically, the majority of those who opposed the plan were the ones who thought it was all right for former president Bush to cut taxes while waging an extremely expensive war.
It has just been declared that the job report is the strongest since the start of the recession. Instead of seeing the estimated 250,000 additional jobs lost during the month of November, there were only 11,000 lost--a significant difference. As for 2009 all together, the actual number of jobs lost is significantly lower than the estimate.
(The light blue represents the estimate and the dark blue represents the actual job loss)
It has just been declared that the job report is the strongest since the start of the recession. Instead of seeing the estimated 250,000 additional jobs lost during the month of November, there were only 11,000 lost--a significant difference. As for 2009 all together, the actual number of jobs lost is significantly lower than the estimate.
(The light blue represents the estimate and the dark blue represents the actual job loss)
Subscribe to:
Posts (Atom)
