MORE SUPPORT FOR PRES. OBAMA'S JOBS BILL

I noted below that several economists think the bill will help the economy and a Bloomberg survey of 34 economists finds that they concur:

Obama Jobs Plan Prevents 2012 Recession in Survey of Economists
By Timothy R. Homan - Sep 27, 2011 9:00 PM MT
BLOOMBERG

President Barack Obama’s $447 billion jobs plan would help avoid a return to recession by maintaining growth and pushing down the unemployment rate next year, according to economists surveyed by Bloomberg News.

The legislation, submitted to Congress this month, would increase gross domestic product by 0.6 percent next year and add or keep 275,000 workers on payrolls, the median estimates in the survey of 34 economists showed. The program would also lower the jobless rate by 0.2 percentage point in 2012, economists said.