A year into Recovery Act spending, many are still wondering what it has achieved to stabilize our economy and create jobs. This week, Chris Hayes and guest economist Josh Bivens provide an in-depth look at the successes, failures and future prospects for Stimulus spending.
Last February, the American Recovery and Reinvestment Act of 2009 was passed as a part of a broader economic stabilization package. Almost one year after the stimulus was signed into law, DC Editor Christopher Hayes, with special guest Josh Bivens from the Economic Policy Institute, assess its successes, failures and unknown future.
Paul Krugman argues that the stimulus is too small.