The Fiscal Stimulus, Flawed but Valuable

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This is an opinion item.

Author(s) Christina Romer
Source The New York Times
Date October 20, 2012
Quotes-start.png Two careful studies have looked at the relationship between this formulaic spending and employment. Both find that states that received more money fared substantially better. This is the strongest direct evidence that the Recovery Act contributed to employment growth. Based on the estimated size of the effect, the studies suggest that the act created more than three million jobs. Quotes-end.png

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This item argues against the position Act should not have been passed on the topic American Recovery and Reinvestment Act of 2009.