The Eskimo dancers will be in the inaugural paradeIt's kind of a geeky report. I'm going to have to print it out and take a look. You can read it here.
Here are the conclusions of the report:
This study has sought to investigate the likely job creation effects of the American Recovery and Reinvestment Plan currently under consideration. As emphasized at many points in the analysis, there is substantial uncertainty around all of our estimates. Nevertheless, we believe they can provide useful guidance as we go forward. Among the key lessons from the analysis are:
• The recovery plan needs to be large to counter the tremendous job loss that is likely to occur.
• The plan needs to include a range of components, such as direct government spending, state fiscal relief, and tax cuts to ensure that jobs are created quickly and throughout the economy.
• The range of components is also important for ensuring that both male and female workers benefit from the program.
• An aggressive recovery program is important for protecting all Americans from job loss, but particularly for aiding those groups disproportionately hurt by the rise in the overall unemployment rate.
• A well designed recovery plan will not only create numerous jobs, but also many jobs paying good wages and providing full-time employment.
Here's Christina Romer, chair of the Council of Economic Advisers, talking about what kind of jobs will be created:
