The declining ‘stimulus’

July 11, 2011

During Obama’s news conference today (more on that later), the president said he thought lower stimulus spending was affecting economic growth. Now I doubt how much impact, if any, the $800 billion package had in the U.S. economy. But I thought this JPMorgan chart did illustrate the decline in spending:

 

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[...] spending was affecting economic growth. Now I doubt how much impact, if any, the $ 800… James Pethokoukis Tags: declining, [...]