re: #175 freetoken
It is not clear in the wording in the free summary, but I do believe when they say “payrolls” the are referring to that of which the NABE concerns itself: industry.
Well, the uptick in capital spending is a supply-chain restocking phenomenon, so if the stimulus isn’t spurring widespread job growth and isn’t a major factor in rebounding business spending, then one wonders exactly what value it’s added…