SocraticGadfly: Romer undercuts Team Obama on stimulus claims

October 22, 2009

Romer undercuts Team Obama on stimulus claims

Hot off the AP wire and surely not good news to Congressional Dems for next year:
Christina Romer, the chair of President Barack Obama’s Council of Economic Advisers, said the initial jolt of the $787 billion stimulus expanded the economy in the second and third quarters of this year. But she said the remaining spending will simply keep the economy from slipping.
“By mid-2010,” she said, “fiscal stimulus will likely be contributing little to further growth.”

Congress should be "fun" this winter.

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