The Great Depression in the United States began on October 29, 1929, a day  known forever after as “Black Tuesday,” when the American stock market–which  had been roaring steadily upward for almost a decade–crashed, plunging the  country into its most severe economic downturn yet. Speculators lost their shirts;  banks ...
The ARRA's rationale was based on the Keynesian economic theory that, during  recessions, the government should offset the decrease in private spending with  an increase in public spending in order to save jobs and stop further economic  deterioration. Since its inception, the impact of the stimulus has been a subject of  ...
Nov 8, 2016 ... Obama proposed the American Jobs Act in a 2011 speech. Summary and ... The  economy must create between 125,000-150,000 jobs a month just to prevent the  unemployment rate from rising. So far, the ... The economy added 4.1 million jobs  between its passage and the night of the speech. Other ideas ...
Feb 17, 2014 ... It is now clear that bold White House predictions about stimulus jobs “saved and  created” were just a prelude to later pledges about keeping your doctors and  falling ... The labor participation rate is at its lowest level since the Carter era, and  confidence in government has been dropping like a stone.
Jul 1, 2010 ... The economy has made enormous progress since early 2009. A year and half ...  normally, real GDP is advancing at a nearly 3% pace, and monthly job growth— excluding temporary hiring for the ... Obama administrations, Congress passed a  series of fiscal stimulus efforts ranging from expanded benefits.
In the 100 days since its passage, the economic stimulus has "saved or created nearly 150,000 jobs."