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Top of the morning

Post on December 4, 2009 by 1 Comment »

sun14

President Obama is now considering new moves to create jobs, so expect the naysayers on the right to demand again that government stay out of their holy market(and let people suffer).

They said the same thing about the stimulus package passed earlier this year. But the Center on Budget and Policy Priorities points out that the Congressional Budget Office says that the stimulus plan saved or created as many as 1.6 million jobs as of the end of September, boosted economic activity, and prevented an even deeper recession.

That would be the CBO that the Republicans love to cite in the rare instance that the numbers support their claims. So maybe now we can all agree that government does have a important role to play in helping us dig out of this economic hole.

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Comments (Closed):1

  1. IBXer
    December 7, 2009 at 10:42 am

    Obama is just another sorry politician. Here’s hoping for change.

    Anyone but Obama in 2012.