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Re: CBO report: Stimulus bill created up to 2.1 mi

In the report, the CBO noted that economic growth in 2009 was worse than they had predicted at the time that the stimulus was enacted, but that was due to a weaker economy than originally expected, rather than any failings of the stimulus.

“Economic output and employment in 2009 were lower than CBO had projected at the time of enactment,” the CBO stated. “But in CBO’s judgment, that outcome reflects greater-than-projected weakness in the underlying economy rather than lower-than-expected effects” of the stimulus package.
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Posted in reply to: Re: CBO report: Stimulus bill created up to 2.1 mi by Trey9007
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