Obama’s Stimulus Helped Grow Debt, Not Economy: Ramesh Ponnuru
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March 13 (Bloomberg) -- Last week’s release of the Februaryemployment report set off the predictable partisan squabbling,with Democrats emphasizing the positive (227,000 new jobs) andRepublicans the negative (the still-shrunken labor force andstill-high unemployment rate).
Democrats say the economic recovery shows that the stimulusbill that President Barack Obama signed in 2009 worked.Republicans deny it. Although we can’t know how the economywould be faring if Congress hadn’t passed a stimulus, we havegood reason to doubt that it did much good.