Economic Stimulus: The Promise and the Reality

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President Obama's stimulus package is officially called the American Recovery and Reinvestment Act.  It was advertised as a fast-track program for hiring the unemployed as well as creating new jobs. After it was enacted in 2009, California received $50 billion. Two years later, only half that amount has been spent. We hear from Laura Chick, California's former "stimulus watchdog" and others.




Warren Olney