Today marked the two-year anniversary of President Obama’s economic stimulus law. But based on the reaction from Capitol Hill, there was little reason to celebrate. Rep. Jim Jordan (R-OH) held a House Oversight and Government Reform Committee hearing Wednesday morning with Heritage’s J.D. Foster, George Mason University economics professor Russell …
The Obama administration released the first hard numbers on how many jobs their $787 billion stimulus package has created or saved on Recovery.gov today. The number: 30,383 jobs from roughly $16 billion worth of stimulus contracts awarded directly by federal agencies. Crunching the numbers, that comes to $533,000 per job …
Heritage senior tax policy analyst Curtis Dubay and macroeconomics policy analyst Karen Campbell have a new paper out analyzing The Job Impact of the American Recovery and Reinvestment Plan put out by Council of Economic Advisers president and vice president Christina Romer and Jared Bernstein. Dubay and Campbell write: Romer …
