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Home Publications Blogs Beat the Press USA Today Does Its Homework on Stimulus

USA Today Does Its Homework on Stimulus

Wednesday, 04 August 2010 05:06
USA Today has a nice piece showing stimulus spending by state. It shows that there is no link between spending and unemployment, in large part because much of the funding goes through preset formulas that do not respond to current unemployment rates.
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written by izzatzo, August 04, 2010 6:22
Alaska comes in at $3,505 per capita benefit ranked at number one, for an unemployment rate of 7.9%. It must be due to the lag in the Ted Stevens-Sarah Palin Big Government Bridge to Nowhere multiplier.
The Fed Gov. could run a good stimulus
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The Fed Gov. could run a good stimulus if it were not for the politics.

The above is sarcasm.
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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.