Bartlett: We Do Not Need a Second Stimulus Plan

by Benjamin Domenech on 12:57 pm July 6, 2009

As the US unemployment rate has risen to 9.5 per cent from 8.1 per cent since the $787bn fiscal stimulus package was enacted in February, many Democrats have become very nervous. They say that another large stimulus may be needed to keep unemployment from rising well beyond the 10 per cent rate that President Barack Obama has predicted will be reached this year.

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