Obama's economic advisor's attempts to "stimulate" the economy have been a dismal failure. Here is an update on what they originally projected the stimulus would accomplish with respect to unemployment and what actually has occurred. Despite their horrendous miscalculations, they remain true believers and continue only to prescribe more of the same types of "remedies."
DWD--My advise: Prepare for many more months of economic stagnation.
Actual is running approximately 140% of projection....if I had that success rate I would become one of the unemployed.....
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