Stimulus package could fall short of the mark

Anderson, Scott
February 2009
ABA Banking Journal;Feb2009, Vol. 101 Issue 2, p44
The author reflects on the economic stimulus package that the administration of U.S. President Barack Obama called the American Recovery and Reinvestment plan. He states that the package alone is almost equivalent to one full year of normal federal discretionary spending. He adds that the spending power of U.S. consumers is not what it used to be and it is not likely to return with vigor anytime soon.


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