At the time the stimulus was initally debated over year and half ago, nearly every economist supported some sort of large stimulus. Fiscal restraint during severe recession just prolongs recession. You can debate if all those “shovel ready” projects really shortened the recession or not. I guess no way to ever tell. By they way we are officially out of a recession, even though it doesn’t feel like it with the high unemployment. Unfortunately I bet we’re gonna double dip recession soon.
