Sunday, February 28, 2010 at 10:45pm
Marking the one-year anniversary of the $862 billion American Recovery and
Reinvestment Act on Feb. 17, President Obama likened the most expensive
and audacious domestic bill in U.S. history — and one that seems to
have divided the nation in an ongoing argument about government
spending — to an economic savior.
“One year later, it is largely thanks to the recovery act that a second
depression is no longer a possibility,” Obama said at a press
conference, alluding to the Great Depression of the 1930s.
The president’s Republican opponents, meanwhile, used the occasion to blast the act as unnecessary spending.
“One thing is clear: The stimulus bill has failed,” said U.S. Rep. Mike Pence, R-Ind.
FULL ARTICLE HERE
http://nashvillecitypaper.com/content/city-news/economic-stimulus-h...
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