Thursday, February 18, 2010

Obama’s Stimulus One Year Out: Employment Falls, Deficits Grow

A year after Congress passed President Barack Obama's $862 billion stimulus package, unemployment remains stubbornly high, and the federal deficit has mushroomed. By the time the stimulus program kicked in, the recession had cost the economy more than 6 million jobs. Since the program began, the nation has lost 2 million more.

Many experts feel it is was costly, debt-increasing blip that merely made ripples in the nation's economy...


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