Saturday, February 22, 2014

Paul Krugman: The Stimulus Tragedy

Five years have passed since President Obama signed the American Recovery and Reinvestment Act--the 'stimulus'--into law.  With the passage of time, it has become clear that the Act did a vast amount of good.  It helped end the economy's plunge; it created or saved millions of jobs; it left behind an important legacy of public and private investment.

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