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A No Job Recovery?

July 5, 2009

THE NO-JOBS STIMULUS

“(I)t’s worth recalling that Mr. Obama’s economists predicted late last year that the stimulus would keep the jobless rate from exceeding 8%. That was a percentage point and a half ago. It’s far more likely that the economy would have been better off without the spending…”

Review & Outlook, Wall Street Journal, 7/3/09

The better choice would have to given every taxpayer a one year holiday from federal income taxes and let individuals decide where and how to spend their money.

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