Obama stimulus plan halted economic freefall, White House

The report, signed by Vice President Joe Biden who oversees how stimulus money is spent, stressed the depth of the crisis confronting Obama when he took office 13 months ago, as the President constantly reminds Americans in his speeches.

Read more: Reuters


February 16, 2010 - Posted by | Uncategorized | ,


  1. The $787 billion stimulus package in the American Recovery and Reinvestment Act was a bust. Its protectionist “Buy American” provisions remain a perpetual irritant to international trade. The warped Cash for Clunkers program created a short bubble via a massive public giveaway, while doing nothing to help the environment. (FORBES). And NO JOBS were created.

    Even Senator Evan Bayh said that. “If I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months,” Bayh said.

    Comment by MTR | February 16, 2010 | Reply

  2. We knew back in September that it hadn’t worked

    The Stimulus Didn’t Work

    So what has changed since then to prove it has? NOTHING!!

    Comment by MTR | February 16, 2010 | Reply

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