Recovery Act: How Obama’s Stimulus Is Changing America – TIME

Posted on August 26, 2010

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The American Recovery and Reinvestment Act of 2009 — President Obama’s $787 billion stimulus — has been marketed as a jobs bill, and that’s how it’s been judged.

The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn’t massive enough.

via Recovery Act: How Obama’s Stimulus Is Changing America – TIME.

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