Steve Duncan's Library tagged → View Popular
27 Oct 08
Can infrastructure overhaul boost the economy? - MarketWatch
A new jobs/billion stat?
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He maintains that figures show for every $1 billion spent on infrastructure improvements, roughly 35,000 direct and indirect jobs are created.
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Fed Chairman Ben Bernanke, a student of Depression-era economics, is in favor of some sort of additional adrenaline boost for the economy. But Bernanke is concerned over whether infrastructure improvements could bring the near-term jolt the economy needs
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