Economists Warn: One Million Fewer Jobs?

President Obama has repeatedly said the $787 billion stimulus plan passed by Congress last month would save or create at least 3.5 million jobs. But today House Democrats heard a sharply downsized prediction: 1 million fewer jobs. In a closed-door meeting with House Speaker Nancy Pelosi and Democratic House leaders, two leading economists who have been advising Democrats predicted the stimulus would save or create only 2.5 million over the next two years. The assessment was offered by Mark...Full Story
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