It is disappointing that only 73 percent of National Association for Business Economics respondents
had no impact of the recovery. I wish that some more of them had said that it had harmed the recovery.
The [National Association for Business Economics] April 2010 Industry Survey report presents the responses of 68 NABE members to a survey conducted between March 25, 2010, and April 10, 2010, on business conditions in their firm or industry and reflects first-quarter 2010 results and the near-term outlook. . . . The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately.
Labels: Economics, stimulus