The Effects of the American Recovery and Reinvestment Act of 2009. An Evaluation

Bachelor Thesis from the year 2016 in the subject Economics - Economic Cycle and Growth, grade: 1,00, Jacobs University Bremen gGmbH, language: English, abstract: The paper analyses the impact of the American Recovery and Reinvestment Act of 2009 (ARRA) to answer the question whether the stimulus was an appropriate crisis response. This is done by looking at the official purposes of the Act, namely, Job creation and promotion of economic recovery, assisting those most impacted by the recession, state and local government budget stabilization and long-term investments. It is an interesting read for everyone who wants to know more about the effectiveness of deficit spending during the Great Recession.