BUSINESS
10/22/2010 01:23 pm ET | Updated May 25, 2011

Obama's Stimulus Revives Car Town, Dropping Unemployment Rate

Kokomo is going back to work.

A year and a half ago the fate of this car town, home to four Chrysler plants and a Delphi facility, was as uncertain as the American auto industry itself.

Now, thanks largely to the federal government, the town's unemployment rate has gone from over 20% to under 14%.

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