KMOX Radio - Carnahan: Recovery Act aimed high, hit the target

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Missouri Congressman Russ Carnahan says the U.S. would have eventually pulled out of the Recession, but not as quickly if the American Recovery and Reinvestment Act hadn't been signed into law one year ago Wednesday.

He made his comments before touring the St. Louis City Police Academy Tuesday, where 50 additional stimulus-funded police officers are currently being trained.

Carnahan pointed out the Recovery Act was designed to prop up the hard-hit industrial sector, not hold it up indefinitely.

"This was always going to be temporary," Carnahan responded after KMOX News asked what happens once the stimulus money runs out. "I think people got that. It was to be a jolt of investment into our economy in key sectors to save us from the brink."

And he says that's something that the Recovery Act did very well after being signed into law on Feb. 17, 2009.

While in town, Carnahan released his Regional Economic Action Plan for post-Recession growth, which he said was the product of nearly 50 meetings with business, labor and community leaders as well as a survey that was sent to more than 200 businesses and entrepreneurs throughout the St. Louis region.

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