Blinder and Zandi on the Great Recession

Here is an article about how fiscal stimulus effected the US economy after the great recession. It was written by the Chief Economist at Moody's Analytics, Mark Zandi, and an Economics Professor at Princeton, Alan Blinder. Blinder also served on the Federal Reserve Board during the '90's.

End of the Great Recession - Blinder and Zandi

...we estimate that, without the government’s response, GDP in 2010 would be about 11.5% lower, payroll employment would be less by some 8½ million jobs, and the nation would now be experiencing deflation.