Monday, April 20, 2009

A Historical Look at the Power and Impact of Stimulus

"Will President Obama’s $787 billion stimulus package be an antidote for an economy that’s on life support—spurring spending and creating jobs? Or will it simply drive the federal debt to a record-high $1.75 trillion, prolong inefficient industry practices and reward bad choices, while saddling the country with crippling debt that guarantees higher inflation and taxes down the road?

Faculty from Emory University and its Goizueta Business School weighed in on the question, looking back at past jump-start packages and ahead at the likely effects of this one." Source: Knowledge@Emory

Link to online article

No comments: