John Taylor

Stimulus Anniversary Blogs

With the one year anniversary of the signing of the stimulus it is useful to review the facts and data as they came in during the year. Here are the relevant posts from Economics One. Most look at actual data and find virtually no impact. The data include the contribution of GDP growth from government purchases versus investment and a comparison of the change in personal disposable income and personal consumption expenditures. The seventh post shows that most people who claim that the stimulus is working actually use the same models they used before the stimulus was passed with no new data.

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