November 24: How Was Recovery Act Money Spent on Labor? (Federal Reserve Bank of St. Louis)
November 24, 2014
When jobs are one of Americans’ top concerns1 and the private economy is not drawing enough people out of unemployment, could fiscal stimulus do the trick?
Proponents of fiscal stimulus argue that the idea is simple: The federal government buys goods from a private company, beyond what it would otherwise purchase. To create these goods, the company...