American Recovery and Reinvestment Act -- Sufficient Stimulus?
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Erik Cagle
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“The credit issue is what caused the economic downturn to begin with,” he contends. “The bailout helped the banks, but the banks are still very stingy with the money and they’re not passing it out, especially to small businesses. The bailout didn’t accommodate, in a sense, an investment in the economy. It just allowed the banks to survive.”
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Erik Cagle
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