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Category Archives: Keynesian

Likely economic impact of Obama’s fiscal stimulus

On Monday of this week the Congressional Budget Office (CBO) responded to a request from the Senate to break down the anticipated effects of the fiscal stimulus of 17 February, which was incorporated into the American Recovery and Reinvestment Act of 2009 (ARRA).   Although the CBO made their forecasts based on the majority view of a number of economists, … Continue reading

Posted by Nigel Tree | Leave a comment