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Teaching heterodox economics concepts

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Although many families may struggle over the coming months, history demonstrates that the U.S. economy is resilient and will recover from the current economic downturn. However, the growth path may not look the same as that envisioned before the recession. In the near term, various factors should help to stem the downturn and eventually increase overall production and lead to employment growth. Most obviously, the ARRA provides $787 billion of fiscal stimulus spread primarily over the next two years. This fiscal stimulus takes a number of forms: tax cuts for working.