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Published on September 19th, 2012 | by Zachary Shahan


Obama Stimulus, Especially for Clean Energy, Helped Country

September 19th, 2012 by  

Yep, the clean energy–focused stimulus Obama implemented almost as soon as he entered office had almost immediate impact on the US economy (a good impact, of course). The bottom line is, we were in a free fall towards the deepest depression the country has ever faced, and the stimulus halted that and then turned us around. It also helped to keep the US a clean energy leader (maybe not the clean energy leader, but one of the world’s leaders in this arena).

Of course, when GOP leaders realized that clear economic success and high times would win Obama big political points, they changed strategy, and rather than help Obama help the country, they decided to block everything he tried to do (even if that meant blocking policies Republicans had come up with and supported for years). Here’s more on this matter from sister site Red, Green, and Blue:

Shocking (but not surprising) facts about the stimulus and green energy (via Red Green & Blue)

Everything you think you know about the stimulus is wrong. At least, if you listen to the naysayers in the GOP. Talking with Ezra Klein about his new book, The New New Deal: The Hidden Story of Change in the Obama Era, Michael Grunwald points out that that, despite the GOP’s doom and gloom, the stimulus…

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About the Author

Zach is tryin' to help society help itself (and other species) with the power of the word. He spends most of his time here on CleanTechnica as its director and chief editor, but he's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as a solar energy, electric car, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.

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