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Recovery Act saved jobs

August 14, 2012
The Advertiser-Tribune

President Barack Obama came into office during the worst economic decline since the Great Depression. Set aside the many other things that he has accomplished after entering office, the auto recovery act is among one of the most important. In 2009, the president decided to extend emergency loans to General Motors and Chrysler-preventing the collapse of a major American industry. More than 1.1 million jobs were saved in 2009, and more than 310,000 jobs were saved in 2010.



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