White House: GDP Report Shows Stimulus Is Needed


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

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser