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Economic equation: Stimulus equals jobs

March 2, 2010
By Sen. Carl Levin

WASHINGTON - We recently reached the one year anniversary of the American Recovery and Reinvestment Act, commonly known as the stimulus plan. Some have attacked this important legislation as ineffective, but a host of independent economists disagree. The stimulus package has translated into jobs for millions of Americans, and thousands of Michiganders, who would otherwise be without work, and it was one of the important moves that kept the worst recession in decades from becoming a second Great Depression.



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