Economics International Blog » Economic Impacts http://www.econinternational.com/blog An informal look at economics, finance, and statistics Mon, 07 Jun 2010 11:31:15 +0000 en hourly 1 http://wordpress.org/?v=3.0 USA Today on stimulus and stimulus skepticism http://www.econinternational.com/blog/2009/04/01/usa-today-on-stimulus-and-stimulus-skepticism/ http://www.econinternational.com/blog/2009/04/01/usa-today-on-stimulus-and-stimulus-skepticism/#comments Wed, 01 Apr 2009 23:10:33 +0000 eric.fruits http://www.econinternational.com/blog/?p=292 usat_logo2USA Today ran a front page story on the the impacts of early stimulus projects. While the story focused on the businesses and families that hope to benefit from the stimulus spending, there was one dissenting skeptic:

Eric Fruits of Economics International in Portland, Ore., warns that stimulus spending may not revive the economy in the long run. “Borrowed money has to be repaid. A job today may come at the cost of someone not having a job in two or three years,” the economist says.

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