"The president's plan will turn the economy to growth by year end."
This is difficult for me to see. There has been a massive amount of wealth destruction in the United States. Probably on the order of $7 to $15 trillion.
The stimulus bill, bank bailouts and TARP are small in comparison. It is not surprising to see unemployment growing as it is. I understand that there may be multiplier effects but I think that we'll need another two stimulus bills this year to turn unemployment around.
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