08 July 2009

After just four months, media figures ignore economists to declare stimulus a failure

July 07, 2009 7:41 pm ET

SUMMARY: Media figures have used a recent comment by Vice President Biden -- that the Obama administration "misread how bad the economy was" -- to suggest that the economic recovery package is a complete failure, rather than noting the assessment by economists then and now that the legislation does not go far enough and that further stimulus spending may be necessary.

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