AEI On The Stimulus

Not all conservatives have lost their minds:

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.

Don't they realize that it is an item of doctrine among today's GOP that TARP hurt the economy and that the stimulus achieved nothing – in fact made things worse? Well, anyway, it's most refreshing to see reality creep back into conservative discourse. It's been a while.