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Money Well Spent?
The Truth behind the TrillionDollar Stimulus, the Biggest Economic Recovery Plan in History
Author: Michael Grabell
Narrator: William Hughes
Unabridged: 14 hr 18 min
Format: Digital Audiobook Download
Publisher: Blackstone Audio, Inc.
Published: 01/31/2012
Category: Political Science - Economic Conditions
Synopsis
The 2012 presidential campaign will, above all else, be a referendum on the Obama administrations handling of the financial crisis, recalling the period when Obamas audacity of hope met the austerity of reality. Central to this is the American Recovery and Reinvestment Act of 2009the largest economic recovery plan in American history. Senator Mitch McConnell gave a taste of the enormity of the money committed: if you had spent $1 million a day since Jesus was born, it still would not add up to the price tag of the stimulus package.
The story of how this almost entirely partisan piece of legislationDemocrats voted for it, Republicans against itwas passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside the political fray, ProPublicas Michael Grabell offers a perceptive, balanced, and dramatic story of what happened to the taxpayers money, pursuing the big question through behindthescenes interviews and ontheground reporting in more than a dozen states across the country.