Recovery Plan Making Huge Difference for Economy and Working Families

Source: Progressive States Network, Stateside Dispatch, July 16, 2009

Opponents of the federal recovery bill are now already rushing to declare the plan a failure, despite most economists believing that any stimulus was always expected to take time to reverse an economic crisis driven by years of unregulated financial excess and of misguided D.C. fiscal policies. As a Wall Street Journal report detailed, a survey of 51 economists found that that “53% of respondents said [the recovery plan] has provided somewhat of a boost but that the larger effect is still to come.”

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