Saturday, February 18, 2012

Most Economists In IGM Poll Believe That Fiscal Stimulus Was Positive

A large majority of economists at prestigious universities were asked whether the Obama stimulus was effective in keeping the recession from getting worse, and whether the long term benefits would be greater than the cost. Their response was overwhelmingly in agreement on the short and long term benefits of the stimulus. This is good news since even economists from the University of Chicago were positive about the effect of fiscal stimulus.

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