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New at Reason: Jacob Sullum on the Stimulus and the Recovery

Back in February, President Obama presented the $787 billion American Recovery and Reinvestment Act as the only alternative to a never-ending recession, and last week he declared, "We've rescued our economy from catastrophe." Christina Romer, his chief economic adviser, said the stimulus package "absolutely" is working as intended. But Senior Editor Jacob Sullum says the idea that the stimulus package played a major role in the incipient recovery is belied by two inconvenient facts. 

Read all about it here.

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