8/30/2010

The White House contends that its multi-year, $814 billion stimulus program has created between 2.5 million and 3.6 million jobs. Economists tend to agree, despite public controversy over the benefits of the stimulus program. "I think it was important for confidence. ... But fiscal stimulus was the least important of the three planks of the government's strategy," said Harvard University's Kenneth Rogoff, former chief economist of the International Monetary Fund.

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