American Recovery And Reinvestment Act

An economic stimulus package passed in 2009 in direct response to “The Great Recession” spurred by the financial crisis of 2007-08. Estimated to have cost between $787 and $831 billion, the ARRA was predicated on the economic theory of John Maynard Keyes, which suggests that governments can stem recessionary periods by boosting near-term spending.

In 2014, most economists agreed that it kinda worked more than it didn’t...irrefutable proof that, when you own your very own island nation and it hits a slump, you should remember to spend your way out of it. Oh and whose money did they spend? Our kids'.