TITLE

The sustainability of the recovery

AUTHOR(S)
Hoxter, Cartis J.
PUB. DATE
September 2010
SOURCE
Caribbean Business;9/9/2010, Vol. 38 Issue 35, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses concerns about the sustainability of economic recovery without the 814 billion U.S. dollars stimulus program enacted by the administration of U.S. President Barack Obama at the start of 2009. Republicans believe that the stimulus did not help the American economy and added budget deficit to the country. However, the Congressional Budget Office (CBO) finds that the stimulus boosted the economy by as much as 4.5% in the second quarter of 2010.
ACCESSION #
53860691

 

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