Ready for Stimulus II since the first is working so great.
Obama advisor Laura Tyson brings up the need for a second porkulus bill.
| The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small,” said Laura Tyson, an outside adviser to President Barack Obama. The current plan “will have a positive effect, but the real economy is a sicker patient,” Tyson said in a speech in Singapore today. The package will have a more pronounced impact in the third and fourth quarters, she added, stressing that she was speaking for herself and not the administration. |
Not really as some Dems are warming up to the idea. To date about 10% of the first porkulus has been spent and its just not going to work, adding a second package is saying you have zero economic sense or you missed the gravy train the first time so you want to make sure you get yours this time.




0 comments:
Post a Comment