The 2012 presidential campaign will, above all else, be a referendum on the Obama administration's handling of the financial crisis, recalling the period when Obama's "audacity of hope" met the austerity of reality. Central to this is the American Recovery and Reinvestment Act of 2009--the largest economic recovery plan in American history. The story of how this almost entirely partisan piece of legislation was passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside ...
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The 2012 presidential campaign will, above all else, be a referendum on the Obama administration's handling of the financial crisis, recalling the period when Obama's "audacity of hope" met the austerity of reality. Central to this is the American Recovery and Reinvestment Act of 2009--the largest economic recovery plan in American history. The story of how this almost entirely partisan piece of legislation was passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside the political fray, ProPublica's Michael Grabell offers a perceptive, balanced, and dramatic story of what happened to the taxpayers' money, pursuing the big question through behind-the-scenes interviews and on-the-ground reporting in more than a dozen states across the country.
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