Contradicting Reality, Conservatard Media Claims Stimulus Has Failed

By Media Matters

Right-wing media figures have used the upcoming White House jobs summit to claim that the American Recovery and Reinvestment Act (ARRA) has failed to stimulate the economy and thus that the Obama administration should not continue to pursue such policies. In fact, a broad consensus of economists have agreed that the Recovery Act has boosted gross domestic product and reduced unemployment in recent months; moreover, numerous economists have stated that the ARRA's flaw was that it was not large enough, and that additional federal stimulus is needed to continue the economic recovery....(Remainder.)