Monday, November 02, 2009

Edward Lazear: Stimulus and the Jobless Recovery - WSJ.com

Edward Lazear: Stimulus and the Jobless Recovery - WSJ.com:

With the news that GDP grew at 3.5% in the third quarter, it seems apparent that economic recovery is underway. How much of this was a result of government programs? To evaluate this, it is important to understand what constitutes a recovery. There are three developments needed to restore the economy to its prior vibrancy."

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