On Mar 9, 2009, at 5:56 PM, Kevin Callahan wrote:
http://www.commondreams.org/view/2009/03/09-3As a result, Mr. Obama's promise that his plan will create or save 3.5 million jobs by the end of 2010 looks underwhelming, to say the least. It's a credible promise - his economists used solidly mainstream estimates of the impacts of tax and spending policies. But 3.5 million jobs almost two years from now isn't enough in the face of an economy that has already lost 4.4 million jobs, and is losing 600,000 more each month.
Would more be better? Yes. but I'd prefer slightly conservative, more realistic numbers than to hear repubs whine that he did not meet the projections. Krugman, whom I respect, is never truly satisfied that enough can be done.
--Larry
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