Day By Day

Wednesday, April 28, 2010

Wasting Trillions

Well now, this is interesting.

A survey of top economists concludes that the Obama administration's "stimulus package" was a waste of money.

NEW YORK ( -- The recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.

In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years -- but a majority of respondents felt the fiscal stimulus had no impact.

Read the whole thing here.

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