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CBO: President's "Stimulus" Hurts Long-Term Econom

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hypocritexposer

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SESSIONS: And in the next 10 years, since you’re carrying that debt and paying interest on it and the stimulus value is long since gone, it would be a continual negative of some effect?

ELMENDORF: Yes, it would represent a drag on the level of GDP beyond that, if no other actions were taken.

http://reason.com/blog/2011/11/17/cbo-on-the-stimulus/print

video of testimony:

http://www.youtube.com/watch?v=2h_rDrd97sY&feature=player_embedded
 

Tam

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A negative effect for years to come out of a Democrat STIMULUS/SPENDING bill, who would have seen this one coming? :?
 
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