When I supported the stimulus package, I knew that it would not be popular with the Republican Party.
President Obama has only had two major policy victories during his tenure: the stimulus package and Obamacare. Both are massively unpopular. The stimulus package launched the Tea Party movement. Obamacare led to the Republican wipeout of 2010.
Within the U.S., the Obama presidency will be mainly measured by the success or failure of his economic policies. And here, I fear, the monstrous stimulus package with which this administration stumbled out of the gate will prove to be Obama's Waterloo.
You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work.
Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise.
Any that is why I think any kind of a stimulus package is going to have to help people who are without work, without a job, help them have health insurance.
When you stop and look at so much of the kind of activism that has been triggered, the Tea Party and the like, as a result of Obama's efforts - TARP, the stimulus package, and now the health care reform - there is a lot of sense this government is changing.
If we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy.
Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.
Our government has failed us. From the billion-dollar bailouts to the 'stimulus' package that failed to stimulate to the government takeover of health care, you cried 'Stop!'... but the Democratic Majority in Washington has refused to listen.
