Obama Adviser Sees Limited Future Impact of Stimulus

Oct 22nd, 2009 - New York Times

Related content:

WASHINGTON (AP) — The government's economic stimulus spending has already had its biggest impact and probably will not contribute to significant growth next year, a top White House adviser said Thursday.

The adviser, Christina D. Romer, the chairwoman of President Obama's Council of Economic Advisers, said the initial jolt of the $787 billion stimulus expanded the economy in the second and third quarters of this year. But she said the remaining spending will simply keep the economy from slipping.

Read the whole story on New York Times or try our Toolbar

blog comments powered by Disqus

Stimulus' big boost to the economy? It already happened.
Oct 23rd, 2009 - The Christian Science Monitor
Americans hoping for a big economic boost from President Obama's economic stimulus programs got a douse of cold water Thursday: The White House's top forecaster said the...
Romer: Impact of stimulus will level off next year
Oct 22nd, 2009 - Boston
WASHINGTON—The government's economic stimulus spending has already had its biggest impact and probably won't contribute to significant growth next year, a top White House adviser said Thursday. Christina Romer...
U.S. official: Impact of stimulus will level off
Oct 22nd, 2009 - MSNBC
WASHINGTON - The U.S. government's economic stimulus spending has already had its biggest impact and probably will not contribute to significant growth next year, a top White House adviser said Thursday. Christina Romer...
Fiscal Stimulus Isn't Forever In China
Oct 22nd, 2009 - Wall Street Journal
It's getting harder for the naysayers to doubt China's economic recovery. It's also going to be a challenge for Beijing to rely on stimulus spending to keep growth going. The good news is there's evidence Chinese consumers are ready to spend...
$44M in stimulus funds for NJ energy programs
Oct 21st, 2009 - Boston
ATLANTIC CITY, N.J.—New Jersey has received more than $44 million in federal economic stimulus funds to help 65 communities in the Garden State pay for energy efficiency programs. U.S...