NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The ARRA: Some Unpleasant Welfare Arithmetic

Casey B. Mulligan

NBER Working Paper No. 18591
Issued in December 2012

---- Acknowledgements -----

I appreciate conversations with, and comments from, Robert Barro, Jared Bernstein, Gary Burtless, Shannon Mok, Rob Shimer, Timothy Smeeding, and three anonymous referees, and the financial support of the George J. Stigler Center for the Study of the Economy and the State. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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