ARRA and the Economic Crisis: One Year Later (2010)
Has stimulus helped communities in crisis?
Facing an escalating economic crisis, newly inaugurated President Obama signed the historic American Recovery and Reinvestment Act (commonly referred to as “the stimulus”) on February 17th 2009.1 The $787 billion stimulus bill was designed to create and preserve jobs, spur economic growth, and be administered with a particular focus on transparency and accountability. The stimulus bill made explicit reference to “assist those most impacted” by the recession. Has ARRA provided relief to our hardest‐hit communities? Has ARRA worked to promote greater racial and socioeconomic equity in our nation? One year into the implementation of ARRA we find mixed results, and offer critical lessons learned from the ARRA experience. In addition, we provide specific recommendations for achieving the goals of the Recovery Act, generating jobs and broadening prosperity, and reducing our racial and economic divide.
What We Do
NCRW is a network of leading university and community based research, policy, and advocacy centers with a growing global reach dedicated to advancing rights and opportunities for women and girls. We also have a Corporate Circle comprised of senior diversity professionals from leading U.S. and global member companies and a Presidents Circle of college and university leaders who share our commitment. NCRW harnesses the collective power of its network to provide knowledge, analysis, and thought leadership on issues ranging from reducing women’s poverty to building a critical mass of women’s leadership across sectors.