How the stimulus is changing America

Friday - 8/27/2010, 2:51pm EDT

The American Recovery and Reinvestment Act of 2009 - President Obama's $787 billion stimulus - has been marketed as a jobs bill, and that's how it's been judged. TIME Magazine reports that the White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn't massive enough.

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