The bottom line is that the stimulus saved about half a million state government jobs while forestalling one million private sector jobs. Arnold Kling writing here and here for the Econo Log of the Library of Economics and Liberty pointed to this paper. Note that Dr. Kling would not endorse the actual study cited he...(Read more...)
At the close, the authors suggest that perhaps there might be a "positive spillover" if government workers from Georgia spend their largess on vacations in Florida.