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IMF on US stimulus: 'The fact that the stimulus was absolutely useful is not challenged by anyone now'



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Well, besides the extremist GOP and Teabaggers at least. The sane part of the country agrees it was beneficial. CNBC:

The US has taken the correct approach in dealing with the economic slowdown and making sure the recovery is sustainable, Strauss-Kahn added.

"It's not our baseline. We don't believe that the double dip will take place," he said.

Fears of a double dip have increased recently, with some analysts saying austerity in Europe could sink the world into a second recession

Stimulus spending was the key for containing the crisis, according to Strauss-Kahn.
(For those unfamiliar with Dominique Strauss-Kahn, he is also one of the leading possible candidates to run for president in France against Sarkozy in 2012.)


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