Counterpoint: The Economic Stimulus Package of 2008-2009 Will Fail in the Long Term

Cushman, C. Ames
March 2016
Points of View: Economic Stimulus Package;3/1/2016, p3
The article presents an argument stating that the 2009 U.S. economic stimulus package will be ineffective. It is the author's opinion that the American Recovery and Reinvestment Act (ARRA) of 2009 fails to address the causes of the 2008-2009 global financial crisis. Theories regarding the stimulation of economic growth and job creation are discussed. The author argues that the stimulus package is based on faulty economic theory and that the additional spending will cause more harm than good.


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