Seeking Alpha has the article Did The Fiscal Stimulus From 2009 Work? by Cullen Roche.

First, I don’t know why conservatives have such a big beef with the fiscal stimulus. After all, it was mostly tax cuts. I consider myself a centrist who tends to lean slightly towards the fiscal conservative side and I can’t figure out when so many conservatives started suddenly hating tax cuts so much?
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During a de-leveraging a government deficit adds net financial assets that helps support balance sheets. Anyone who says the deficit didn’t help at all either doesn’t understand basic accounting or must reject the idea that this was a credit crisis

I am glad to see that someone who claims to be somewhat conservative hasn’t lost the ability to do basic accounting. For a stimulus that was too small by at least a factor of 2 or 3, was ended way too soon, and was too focused on tax cuts, it did do a pretty good job. Imagine if we had actually tried a well designed stimulus package.

When you consider the size of monetary stimulus tried by the Fed compared to the size of the fiscal stimulus, the fiscal stimulus effect per dollar was much larger. Still that doesn’t convince some people that we should use the policy that actually works instead of the least effective policy that is available.

Is this any way to run a business?