The American Recovery and Reinvestment Act of 2009 helps show how government spending works in a sophisticated economy. In this video, Bill Dupor explains how much money was involved. To give an idea of the federal budget impact, Dupor, an assistant vice president and economist, compares the spending to that for military appropriations in Iraq between 2002 and 2014.
Additional Resources
- Dialogue with the Fed: Federal Stimulus Spending and the Private Sector
- On the Economy: Which Was Bigger: The 2009 Recovery Act or FDR’s New Deal?
- On the Economy: How Highway Stimulus Spending Turned into a Dead End
This blog offers relevant commentary, analysis, research and data from our economists and other St. Louis Fed experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.
Email Us
All other blog-related questions
