Saturday, February 7, 2009

The Collins Cuts: 600,000 Fewer Jobs?

That's what Krugman says:

The centrists have shaved off $86 billion in spending--much of it among the most effective and most needed parts of the plan. In particular, aid to state governments, which are in desperate straits, is both fast--because it prevents spending cuts rather than having to start up new projects--and effective, because it would in fact be spent.

No comments: