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The Stimulus Worked! Here's How

Despite consistent Republican rhetoric that the Obama administration's $800 billion ecomomic stimulus bill didn't work and was just another example of big government's wasteful spending, the facts paint another, diametrically opposed, picture.

The fact that the country's current economic condition is less than optimum tends to obscure objective analysis of what condition we'd be in if the stimulus package had not passed: in a nutshell, the difference is between our current slow, but positive, growth and catastrophic economic contraction. A new book by Time Magazine's Michael Grunwald explains what really happened. Check out an interview with him here.