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White House: Stimulus bill was good for economy

FILE This Feb. 17, 2009 file photo shows President Barack Obama picking up the first pen to sign the economic stimulus bill during a ceremony in the Museum of Nature and Science in Denver. The White House says a costly spending bill President Barack Obama signed into law five years ago Monday was good for the economy and helped the U.S. avoid another Great Depression. (AP Photo/David Zalubowski, File)RANCHO MIRAGE, Calif. (AP) — The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday’s fifth anniversary of the law’s enactment.

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