Capital spending: How does it really affect job growth?

08/5/2008 | (Peoria, Ill.)

Illinois Gov. Rod Blagojevich is promoting a $25 billion capital spending plan for roads, schools and other projects that he says will create 600,000 new jobs across the state. This article breaks down that 600,000 figure, looking at the methodology used by academics in arriving at estimates of direct, indirect and induced jobs from public spending programs.

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