|
|
Article: A Rose By Any Other Name: A Second Economic Recovery Act May Be On The Way...But Don't Call It A Stimulus.
- Article from:
- Mondaq Business Briefing
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Jobs, Jobs, Jobs
The Obama administration continues to tout the performance of the "American Recovery and Reinvestment Act of 2009," signed into law February 17, 2009 and commonly called the "Stimulus Bill" (Public Law 111-5). One of the biggest, and most argued over, metrics is job creation. The Obama administration, on the website "Recovery.Gov," lists that as of October 10, 2009, 30,383 jobs were either created or saved by the stimulus funding sent to federal contractors via grants. In addition, the Obama administration announced in a report issued October 19, 2009 that 250,000 education jobs were either created or saved, thanks to $67 billion in stimulus ...