Firat Ünlü

Will Obama's Change Provide the Economic Remedies We Need?

"Instead, most of the spending is for immediate social needs such as unemployment benefits, insurance and health care. While this money will be spent quickly, we doubt there is much of a sustainable stimulative effect to the US economy (perhaps it will help the Chinese economy?!)."

Edu, Health and Welfare at around $300b could be long-term should the economy not recover if you look at what they are really spent for.