Obama rejected calls for more tax cuts and significant slashing of the bill's
more than $800 billion price tag, and said complaints the package was a
spending bill rather than a stimulus bill were off base.
"What do you think a stimulus bill is?" he said. "That's the point."
To critics who argue that the government shouldn't be spending billions with a large and
growing deficit, Obama said, "I found this national debt doubled, wrapped in a big bow
waiting for me as I stepped into the Oval Office."
Obama fires up House Democrats to help push through stimulus bill - CNN.com
Oh, I see. The fact the George Bush, Nancy Pelosi, and Harry Reid already spent us into oblivion makes tripling that deficit in the space of two weeks a good economic policy. Guess you have to go to Harvard to learn to reason like that.
What I don't understand is, if any and all government spending qualifies as stimulus, shouldn't our economy already be REALLY stimulated?
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