Economic Advisor Says Fiscal Stimulus Is A Well-Tested Method

Christina Romer, Chair of the Council of Economic Advisers, speaks about the impact of the American Recovery and Reinvestment Act. “In the past few months, some have tried to portray fiscal stimulus as an exotic tool with a questionable pedigree,” says Romer. “To use a medical analogy, fiscal stimulus is a well-tested antibiotic, not some new-fangled gene therapy.”
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