The recovery is picking up steam as employers boost payrolls, but economists think the government’s stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.
In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years — but a majority of respondents felt the fiscal stimulus had no impact.
Actually, calling it “a majority” is lowballing the finding. In fact, 73% said the stimulus bill has had no impact to date. Further, 68% say that the second stimulus bill (the one called the “jobs bill”) will have no effect either.