And taking more money out of the private economy and having the government perform as it has poorly done with the stimulus I don't think is the right way to go.
Sentiment: NEGATIVE
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
If, if more stimulus means more tax cuts to small businesses, if, if more stimulus means middle class tax cuts, then I'm for it.
Well, the infrastructure part of the stimulus has worked. There's absolutely no question about it. We can demonstrate in Pennsylvania and other states around the union how it's produced good, paying jobs both on the construction sites and back in American factories. It has worked.
Let's be honest about this; the liberal agenda with failed stimulus plans and government entitlement programs is crippling our economy and our quality of life.
Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off.
And people talk about the stimulus package and the jobs that it was supposed to create, it certainly didn't have the intended effects that everybody was hoping for or that the president and administration certainly was hoping for. So I think it's time to lay some new solutions on the table, some new ideas.
I think stimulus money is an absolute mistake.
I'm not sure it's the stimulus money that will necessarily allow the economy to recover. It will help to fortify our budgets, frankly, to ensure that there isn't as much backsliding in the areas of education and healthcare, for example.
Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.
Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.