Monday, June 29, 2009

Another Stimulus Package?

I knew this would happen.

The fight for the first stimulus package was just not enough money, in my opinion. Now to listen to David Axelrod on Meet the Press, yesterday, put that out there is just another head scratcher.

Do we need it? YES, but will it be passed by congress? That is another matter. It is called, looking at the poll numbers.

A senior White House adviser said Sunday the economic stimulus has not yet "broken the back of the recession" but set aside calls for a second massive spending bill. Republicans, meanwhile, called spending under way a failure.

White House adviser David Axelrod urged patience for President Barack Obama's $787 billion economic stimulus package in the face of sliding poll numbers. Former Massachusetts Gov. Mitt Romney, a past and potentially future presidential candidate, said the spending was ill-designed and served only to expand the size of government.

Republicans have seized on the public's growing unease over government debt and spending to challenge the popular president. Sensing their own vulnerabilities, Obama's top advisers have ramped up their defense of spending that is incomplete and going slower than many had hoped. read it here....

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