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At the insistent urging of President Obama, Congress has enacted massive spending bills totaling over $1 Trillion. This is sold to the public as economic

At the insistent urging of President Obama, Congress has enacted massive spending bills totaling over $1 Trillion. This is sold to the public as "economic stimulus". What is the purpose of this orgy of spending? Explain the macroeconomic rationale for this action by the Federal government

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