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| Analysis of Stimulas: Govt jobs saved, private jobs lost |
| 2011-05-16 |
| Two Ohio State Economists have done a statistical regression analysis comparing job growth with the amount and type of stimulus funding by State. Their conclusion (and they realize that their analysis has limitations given the data issues) was that the stimulus program saved some govt jobs (below 1 million job/years) and prevented creation of some private sector jobs (about 1 million job years). They review other studies. My own opinion is that the ordinary data we collect (the BLS data)could perhaps be taken one level down to county data. However, the data collected by the Administration that was specific to the stimulas projects was basically junk. It was self reported by the grantees who didn't know what to do. Some grantees took the reporting requirements seriously, some thought they should inflate the numbers to position themselves for more grants, some just didn't report anything. |
| Posted by:Lord Garth |
| #1 Ron Paul for prez |
| Posted by: 746 2011-05-16 13:29 |