White House: GDP Report Shows Stimulus Is Needed

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Council of Economic Advisors Chair Romer reacts to news the economy dropped 3.8% at the end of 2008 by pushing the president’s plan.

“Aggressive, well-designed fiscal stimulus is critical to reversing this severe decline and putting the economy on the road to recovery and improved long-run growth.”

Read full statement here.

Related Topics: News, The Page

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