National

Fifth Anniversary of the American Recovery and Reinvestment Act

Washington, DC–(ENEWSPF)–February 17, 2014.

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Five years ago, on February 17, 2009, less than a month into his first term, President Obama signed into law the American Recovery and Reinvestment Act of 2009. At the time, the country was experiencing the worst economic crisis since the Great Depression. Private employers had already cut almost 4 million jobs, trillions in dollars in household wealth had been wiped out, and the economy’s total output was in the midst…

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