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August 12, 2010 The argument for a larger Stimulus, doesn't hold water.As it became more undeniable in recent weeks that Obama's Stimulus Economy is a spectacular failure, Liberals went into spin gear claiming that if only the Stimulus was larger, if only it was $1.2 trillion as Ms. Christina Romer wanted, things would have been great. It may sell for a talking-point, but let's look at three points:
3) The Stimulus was indeed more than $1 trillion! If you add up all the "jobs bills" that the Dems passed and pushed through since the original Stimulus (and if you also add up the additional in-budget spending that the Dems gave us under the name of "fixing the economy"), you easily pass the $1.2 trillion mark. This little fact renders as junk the spin that if only we had a $1.2 trillion Stimulus, all would have been great.
As always, facts don't matter to some when it gets in the way of their agenda and ideology... |
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