Economics First Paper In 2008 the United States economy was greatly struggling and in a devastated position. This was caused by the increasing rate of unemployment and the GDP reducing substantially. In order to turn the economy around the government enacted a stimulus plan that would increase the government spending and decrease taxation. In this essay I will be reviewing The American Recovery and Reinvestment Act of 2009 and answering the prompt provided. The American Recovery and Reinvestment Act of 2009 aimed at stimulating the creation of jobs by reducing taxation and increasing government spending. The act initially cut taxes by a total of $288 billion. In addition to the tax cut it spent $224 billion on things such as education,
