Are You Feeling Stimulated Yet?

So, you were probably wondering: "How's our financial stimulus plan working out?"

When it was sold to us back in January, the administration was nice enough to provide a chart showing what would happen to unemployment rates with the Simulus versus not having the Stimulus. The blog, Innocent Bystanders has kept the chart and been tracking actual results:



Not surprising, since a spending stimulus takes much longer to have any impact than a tax-cut stimulus. And much of the "Stimulus" spending wasn't even planned to take place this year. (Just 8% of it during the current fiscal year ending Sept 30!)

However, the projected budget deficts as reported in the Washington Post:


Are beginning to have the expected results on interest rates: