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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