Harvard Confirms Obama’s Stimulus Plan a Failure!?
July 11, 2010 11 Comments
ATLANTA— Researchers at the Harvard Business School published a study in late May of this year that turns recent Obama Administration arguments about the efficacy of stimulus spending on their head. The Harvard researchers began with the intent of proving that states and communities benefit substantially when their state’s congressional delegation grows in power in Washington and takes leadership roles on key appropriations committees in the House and Senate. The study was supposed to prove that federal spending in the state would correspondingly increase, and that businesses and the local economies would benefit greatly. What those researchers learned was almost entirely the opposite, however. Read more of this post
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