Tuesday, August 9, 2011

Because the bailout didn't hold unemployment under 9% doesnt this show how much worse things could have been?

I'm assuming everybody went to college and took economics. Therefore, we all know spending spreads throughout the economy and stimulates it. So saying that the stimulus failed would be inaccurate wouldn't it? Wouldn't it be accurate to say that the economy would have been much worse without it (a trillion dollar injection accounts for roughly 5 trillion in spending).

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