The huge $787 billion US stimulus program that was launched in 2009 is peaking without providing the big jumpstarts needed in the job market and overall economy. The Obama administration's "Summer of Recovery" will see thousands of temporary jobs created due to large highway improvement, water, and home weatherization projects, not to mention those thousands of "census" jobs.But after that, it's all downhill for the stimulus-based recovery. And unfortunately the US economy will almost definitely still be in serious trouble. Some global economic and financial experts say that the stimulus has provided very little if any significant long-term benefits.
The only hope for a real recovery is that private companies will see profit levels increase and will therefore begin to hire Americans in large numbers once again. Until then, the United States and the world as a whole will continue to sputter along with little real economic growth.
Learn some mo': Stimulus: The big bang is over
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