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Friday, December 10, 2010

San Francisco Federal Reserve: $819B stimulus results in exactly zero permanent jobs

According to recovery.gov, the President's website designed to track the stimulus plan, the $800 Billion plus porkulous bill passed in February 2009 is responsible for 3,348,813 jobs. According to a new analysis conducted by the San Fransisco office of the Federal Reserve, the president's projection is off by only 3,348,813 jobs. That's correct The American Recovery and Reinvestment Act of 2009 created exactly zero permanent jobs......

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