Australia stimulates itself out of poor economic conditions

[ProfJohn]

Originally posted by: eskimospy

Originally posted by: ProfJohn
This whole thread is based on a few projections???

Get back to me when they turn into reality.

Didn't Obama tell us unemployment who stabilize at 8% if we pass his stimulus??
How did that work out?

I am unaware of Obama saying this, can you provide a quote?

Remember that graph that was posted in multiple threads??

http://www.powerlineblog.com/a...pril-thumb-410x249.gif

With the bill we should have never passed 8%.
Without the bill we were supposed to hit 9% in 2010.

Reality is that we hit 9% in May and sadly there is no end in sight.