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What happened to Obama's stimulus?

  1. Flightkeeper profile image71
    Flightkeeperposted 7 years ago

    What happened to Obama's stimulus?

  2. TinaMarieTad profile image78
    TinaMarieTadposted 7 years ago

    The stimulus did not work. It is slotted to dispurse over the next several  years in different ways, and it won't help one bit either.

  3. Wayne Brown profile image84
    Wayne Brownposted 7 years ago

    Do you mean was it effective?  Why wasn't it effective? or Who got the money?  All of those are valid questions and good luck getting an straight answer to any of them.  I think the bottom line is we took $800 billion dollars essentially all debt to allow the government to spend into our economy which in Obama theory would create jobs etc. etc.  In the end, the majority of the money went to bailouts, controversial social and labor organization, and generally got pissed away with little or nothing to show for it but future debt.  The American public should be outraged after being duped this badly.  Government needs to focus its efforts on creating a "positive business environment" and that will in turn create a lot of jobs in the private sector. Obama and company have no interest in that approach because it does not fit their agenda for marching toward a socialist state with dependence on the government for everything.  WB

  4. Thesource profile image79
    Thesourceposted 7 years ago

    Without the stimulus it would have been worse.
    The trouble is that the stimulus was too small to have a bigger impact.
    Politicians did cut the original estimate made by economists.

    Read my hub for more details.

    http://hubpages.com/hub/Government-spen … -recession