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Back to Which Way, L.A.?

Which Way, L.A.?

With Unemployment at 9.5 Percent, Is the Stimulus Working?

President Obama's $800 billion stimulus package is under fire because it has failed to meet expectations.  National unemployment has risen to 9.5 percent, higher than the 8 percent peak predicted by the Obama administration when it was selling the package to Congress.

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By Warren Olney • May 12, 2014 • 1 min read

President Obama's $800 billion stimulus package is under fire because it has failed to meet expectations. National unemployment has risen to 9.5 percent, higher than the 8 percent peak predicted by the Obama administration when it was selling the package to Congress.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Lori Montgomery

    Washington Post

  • KCRW placeholder

    Linda Hahn

    Executive Director, Metropolitan Career Center

  • KCRW placeholder

    Heidi Shierholz

    Economist, Economic Policy Institute

    News
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