Our textbook notes that Congress passed, and President Barack Obama supported, the 2009 American Recovery and...

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Our textbook notes that Congress passed, and President BarackObama supported, the 2009 American Recovery and Reinvestment Act,also known as the â€œFederal Stimulus,â€ in an effort to support theflagging US economy. After reviewing this section of your textbook,research the current level of the federal budget deficit. Comparethis to Congressional Budget Office (CBO) projections. Given yourfindings, evaluate the success of the Federal Stimulus. Discuss thefollowing questions: Did the stimulus package pump enough moneyinto the economy to prevent a complete failure of the economicsystem? Would the government have reemerged from the recessionwithout the stimulus? Is the US better or worse off, economicallyspeaking?

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The entire world was affected by the great economic recession during 2009 but it started way back All the governments were in deep struggle in reviving the economy and even the worlds top economy America was in trouble Banks were in the verge of collapse jobs See Answer

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