Today, the NYT paired two headlines, “New Consensus Sees Stimulus Package as Worthy Step” and “Michigan Again Has Highest Jobless Rate”. Let’s look for a moment at the stories themselves to see if there is any conflict.
In the former, the writers admit the stimulus has been relatively useless at adding jobs, and admits that conservatives claim that the package was a waste of governmental funds, but still claims that a consensus of economists who have viewed the data insist that it is working (interesting definition of consensus). Apparently, the best way for the economy to quickly produce jobs is to throw even more pork at states, hope some jobs get produced, then let the results ‘trickle down’ to the rest of us.








