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  1. Slope of curve interesting. It matches the “without” theoretical curve. Of course, they said the economy was worse than they thought, and that is why the raw unemployment error. But one would (grossly) assume the stimulus impact would be still be a quicker return than predicted. With a parallel curve, it resembles “no impact.”

    Comment by Jim — January 6, 2013 @ 5:09 pm

  2. On the other hand, they could just claim you could superimpose their “with recovery plan” on the actual rate curve to prove an impact. But then the “without” curve is entirely theoretical.

    Comment by Jim — January 6, 2013 @ 5:12 pm

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