Friday, February 24, 2012

Did the Stimulus Work?

The next time that someone asks whether Obama's Recovery and Reinvestment Act worked, point them towards this helpful video., which outlines how gross domestic product, payroll, and employment all improved post-stimulus spending. I also found the graphics helpful in isolating just how successful President Obama's economic policies have been in turning around the Great Recession.

We know that interventionist economics are sometimes needed. Objectively speaking, the stimulus was absolutely needed in 2009 and successful in its eventual outcomes.

Labels: ,