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Find the number of people employed in the country from the articel. Explain your reasoning.

Find the number of people employed in the country from the articel. Explain your reasoning.

Economics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter12: Fiscal Policy, Incentives, And Secondary Effects
Section: Chapter Questions
Problem 13CQ
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Find the number of people employed in the country from the articel. Explain your reasoning. 

The new round of tax cuts is supposedly intended as post-terror economic stimulus. But recent remarks by Dick Armey give the game away. Defending the bill he and Tom DeLay rammed through the House-the one that gives huge retroactive tax cuts to big corporations he asserted that it would create 170,000 jobs next year. That would add a whopping 0.13 percent to employment in this country. So thanks to Mr. Armey's efforts next year's unemployment rate might be 6.4 percent instead of 6.5. Aren't you thrilled?
Transcribed Image Text:The new round of tax cuts is supposedly intended as post-terror economic stimulus. But recent remarks by Dick Armey give the game away. Defending the bill he and Tom DeLay rammed through the House-the one that gives huge retroactive tax cuts to big corporations he asserted that it would create 170,000 jobs next year. That would add a whopping 0.13 percent to employment in this country. So thanks to Mr. Armey's efforts next year's unemployment rate might be 6.4 percent instead of 6.5. Aren't you thrilled?
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