Hard to generalize about these things, but a new study says that money for education and law enforcement didn't do much to improve employment. But federal programs focused on low-income households were highly stimulative, along with spending on infrastructure projects. Of course, the researchers must deal with the same old dilemma in sorting out the effects of the stimulus - that is, how to measure what would have happened without the stimulus? The paper was published by the National Bureau of Economic Research, the group that determines when recessions begin and end. (Real Time Economics)
More by Mark Lacter:
  American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent  stories:
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'I Am Woman,' hear them roar
Bobcat crossing
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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.