EVEN AEI ADMITS THAT THE STIMULUS BILL WORKED

(h/t Ben Armbruster at Think Progress)

Jonathan Chait at TNR found that even the hyper-capitalist American Enterprise Institute concluded that the stimlus bill worked:

The real economy also responded to the massive stimulus but remained heavily dependent on it. In the United States, growth during the second half of 2009 probably averaged about 3 percent. Absent temporary fiscal stimulus and inventory rebuilding, which taken together added about 4 percentage points to U.S. growth, the economy would have contracted at about a 1 percent annual rate during the second half of 2009.