Compare and contrast the acceptance of European Union (EU) law primacy by the courts of the United Kingdom (UK) with that of the courts of one other Member State of the EU.
Many critics pointed out that Obama’s stimulus package did not succeed because the economy contracted 2.8 percent in 2009. The Congressional Budget Office projected ARRA would stimulate GDP growth by 1.4 percent to 3.8 percent that year. That meant growth in gross domestic product would be 1.4 percent to 3.8 percent better than if Congress did nothing. In fact, the CBO projected the economy would contract 3 percent for 2009. That’s because it had already contracted 5.4 percent the first quarter, and 0.5 percent in the second. The Dow had fallen to 6,594.44 on March 5, 2009. By Q4 2009, GDP was up 3.9 percent, and the Dow had risen to 10,428. By 2010, the economy expanded 2.5 percent. The economic stimulus bill was supposed to save 900,000-2.3 million jobs. As of October 30, 2009, it saved 640,329 jobs. Not all of that success was thanks to the Stimulus Package. Expansive monetary policy and active emerging markets boosted global growth. But by March 2009, monetary policy had done all it could. It was evident more fiscal policy was needed. No doubt, the economic stimulus package inspired the confidence needed to turn the economy around (Amadeo 2017). Overall the American Recovery and Reinvestment Act of 2009 that had been passed by President Barack Obama had poor feedback in terms of its success. However numbers do prove that in the end, even though the economy was not one hundred percent fixed, it did in fact end the recession and opened doors for future policies to gain way to a better tomorrow.>GET ANSWER