Is The Economic Stimulus Working?

The economic recovery seems to be for real. All of the fears of a double dip recession appear to have subsided. Former Federal Reserve Chairman Alan Greenspan believes that momentum is building in the US economy. He sees it as highly unlikely that a double dip recession will occur. This leads to the question, did the stimulus work? My opinion is that the economic stimulus has had some effect on our economy. It has helped spur job growth while increasing the national debt. The problem lies in trying to measure to what extent the stimulus has helped economic expansion and GDP growth. How much credit should the stimulus be given? Today on Yahoo's Tech Ticker, Charles Schwab's chief investment strategist Liz Ann Sonders stated that all of the leading indicators are pointing to continued job growth. Sonders states that this "doesn't mean we're off to the races" but the "natural precursor to job growth is there." The downside of all of the government spending is increased debt. The government is selling $82 billion dollars in debt this week. All of this debt is having a direct effect on treasury prices. 10 Year Treasuries (TBT) are yielding over 4% for the first time since June. Treasury yields are rising to due to weaker demand. The government has a lot of debt to sell and investors will need to see increasing yields to purchase treasuries over equities. What are your thoughts? Do you think the stimulus worked?