The latest Chicago Booth poll of economists focuses on the 2009 stimulus. The first question asked whether the stimulus increased employment by the end of 2010. Eighty percent of the polled economists agreed. Four percent disagreed. Two percent were uncertain.
The second question asked whether, over the long run, the benefits would outweigh the long-term costs (like paying down the extra debt). Forty-six percent agreed. Twelve percent disagreed. Twenty-seven percent were uncertain.
At the last possible moment to save his reelection, the economy is beginning to hum, as evidenced by Friday’s jobs report. And Obama’s Republican opponents are shaping up to be as formidable as, well, marshmallows. While Mitt Romney, Newt Gingrich and Rick Santorum are making each other unelectable, the president is singing Al Green, congratulating Super Bowl winners, playing with science projects, raising obscene amounts of campaign cash and watching his poll numbers soar.