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  • Obama in Florida will tout benefits of economic stimulus

    02/26/2016 7:50:03 AM PST · by Olog-hai · 18 replies
    Associated Press ^ | Feb 26, 2016 10:35 AM EST | Darlene Superville
    President Barack Obama is heading to Florida to tout the benefits of the massive economic stimulus bill he signed shortly after taking office seven years ago. Obama pumped more than $760 billion into a then-slumping economy beginning in early 2009 in a frantic effort to halt the worst economic downturn in generations. It was an unsettling period for many Americans as hundreds of thousands of jobs disappeared, unemployment climbed into double digits and home values plummeted. Obama will argue during a stop in Jacksonville on Friday that the country is on a more solid footing because of this and other...