Wednesday, February 29, 2012
Fed: What the federal govt has spent on economic stimulus
AAP General News (Australia)
02-03-2009
Fed: What the federal govt has spent on economic stimulus
What the federal government has spent to stimulate the economy since September 2008
and the claimed impact on jobs:
Package Impact on jobs
2008
Sept/Oct - $8b invested in residential
mortgage-backed securities
Oct - Govt guarantees bank
deposits and wholesale funding to banks
Oct - $10.4b economic security package 75,000 created
Nov - $6.2b car industry 200,000 …
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