UPDATE: Andy Stern's prepared testimony can be read on SEIU.org here. Archived webcast of the hearing here.
"The question being asked here today is should additional stimulus be adopted by the Congress, given the state of the economy," said Barney Frank today at the opening of today's House Financial Services Committee hearing. Then he continued, saying, "The relevant question is, what would things have been like in its absence?"
Much more to come in today's 2:00 p.m. hearing on the prospects for employment growth and the need for additional economic stimulus. Here's a list of the notable line-up of leaders testifying today, as well as their prepared statements (PDFs).
- Mr. Andy Stern, President, Service Employees International Union (Testimony)
- Mr. Lawrence Mishel, President, Economic Policy Institute (Testimony)
- Mr. Kevin A. Hassett, Senior Fellow and Director of Economic Policy Studies, The American Enterprise Institute (Testimony)
- Mr. Mark Zandi, Chief Economist, Moody's Economy.com (Testimony)
