Obama signs the American Recovery and Reinvestment Act

Citations (4)

• Technocracy Rising whole source · open book

  On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA), which was the major economic stimulus bill designed to pull the economy out of a near-collapsed condition.

  chapter: Chapter 5

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• The Ascent of Money whole source · open book

  the centrepiece of fiscal policy – and certainly the most Keynesian measure – was the 2009 American Recovery and Reinvestment Act (ARRA), a combination of tax cuts and spending projects that was expected to cost $825 billion over two years, or around 5.8 per cent of projected GDP.

  chapter: 8: The Slight Depression

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• About the Recovery Act whole source

  Archived White House source for ARRA signing and purpose.

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• Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014 whole source

  CBO source for ARRA categories and estimated output/employment effects.

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• Barack Obama president

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• Keynesian economics: demand, depression, and the fight over full employment step 27

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• The Great Recession revives Keynesian stimulus politics triggered this
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