Economy

Oh Look! An Actual CBO Report!

And guess what? It shows that the Obama recovery package "would have a noticeable impact on economic growth and employment in the next few years." Kevin Drum reports:

Overall, then, it looks like the spending part of the bill is maybe 90% clean as short-term stimulus. And on the supply side, nearly 100% of the tax cuts are allocated during the next 18 months.

Okay, so at least for now, the completely made-up CBO report was met with all kinds of reporting and pot banging, and an actual CBO report -- a report that's favorable to the economy and the Obama plan -- is being almost entirely ignored.