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Will the $789 Billion Stimulus Plan Bring Economic Recovery?

  • New York Times: Deal Reached in Congress on $789 Billion Stimulus Plan – “The package of spending increases and tax relief, intended to spur an economic recovery and create jobs by putting money back in the pockets of consumers and companies, ended up smaller than either the House or Senate had proposed.”
  • Will the $800 Billion-Plus Stimulus Plan Bring Economic Recovery? National Center for Policy Analysis, February 10, 2009, by Gerald W. Scully: “Banker greed and Wall Street are blamed, but government policies over the last 25 years are the root cause of the current financial crisis.”
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