Recession Ends in France, Without Massive and Costly U.S.-Style Stimulus Package

OPEN MARKET.ORG, 8/13/2009 by Hans Bader - France’s conservative President adopted a much smaller $31 billion stimulus package, which, unlike Obama’s, was focused on productive investment, not welfare or social services. $14.5 billion of France’s stimulus package was earmarked for injection “into private sector enterprises.” Billions more were for investments in infrastructure, construction projects, and railways. Read more at Open Markets...

Republicans ask Obama to pay the unspent stimulus money back to the people and reduce the nation's debt.