←
III
→
avisualmind: Here in the United States, the overwhelming consensus of economists agree with Krugman on stimulus, even if American business leaders apparently do not. Former McCain economic adviser Mark Zandi concluded that the policies of the Obama administration prevented “Great Depression 2.0.” The nonpartisan Congressional Budget Office has consisted validated the strong impact of the $787 billion American Recovery and Reinvestment Act (ARRA), concluding that at its peak in 2010 the ARRA added up to 3.3 million jobs, cut unemployment by as much as 1.8 percent and boosted GDP by up to 4.1 percent.

avisualmind:

Here in the United States, the overwhelming consensus of economists agree with Krugman on stimulus, even if American business leaders apparently do not. Former McCain economic adviser Mark Zandi concluded that the policies of the Obama administration prevented “Great Depression 2.0.” The nonpartisan Congressional Budget Office has consisted validated the strong impact of the $787 billion American Recovery and Reinvestment Act (ARRA), concluding that at its peak in 2010 the ARRA added up to 3.3 million jobs, cut unemployment by as much as 1.8 percent and boosted GDP by up to 4.1 percent.