President Obama's main policy initiative to shore up the faltering economy was
A) a massive drop in interest rates.
B) a sweeping program of deregulation.
C) huge tax cuts.
D) a massive stimulus package.
E) an increase in the minimum wage.

Question

Quizplus · Accepted Answer

President Obama's main policy initiative to address the faltering economy was a massive stimulus package. The American Recovery and Reinvestment Act of 2009 provided over $800 billion in funds for infrastructure projects, tax cuts, job training programs, and other initiatives aimed at creating jobs and boosting economic growth. This package was one of the largest ever passed by Congress to address an economic crisis.

President Obama's Main Policy Initiative to Shore Up the Faltering