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Wednesday, November 23, 2011

CBO: Stimulus hurts economy in the long run

From The Washington Times:
The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.
CBO: Stimulus hurts economy in the long run - Washington Times

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