“As a former member of President Obama's economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration.” PresidentTeamEconomicMonthsMembersSpotsFormerPresident ObamaLegislationStimulusInauguration Author:Christina Romer
“The single biggest stimulus to the economy are the unemployment benefits we're paying. These people go out and they spend the money. They go out and they have to get by to everything from paying their mortgage or buying food or just getting by. It has a significant impact on economic growth and the continuation of economic growth.” PeopleGrowthEconomyEconomicBenefitsImpactSignificantBuyingUnemploymentEconomic GrowthStimulusMortgageContinuationUnemployment Benefits Author:Joe Biden
“From the takeover of Detroit and the failed stimulus packages to the enactment of Obamacare, the president and congressional Democrats chose to use Americas economic crisis as an excuse to expand government rather than as an opportunity to responsibly shrink it.” UseGovernmentOpportunityPresidentEconomicCrisisDemocratExcuseShrinksPackagesStimulusObamacareDetroitEconomic CrisisTakeoversGovernment Takeover Author:Jeb Hensarling
“It's important that the American people understand that President has proposed and passed this stimulus plan not as the end-all and be-all to our economic woes but as our bridge over troubled water until we get the finance system, the banking system working again.” PeopleImportantEndsPresidentWaterPlansEconomicFinanceBridgesWoeBankingStimulusBanking SystemTroubled Waters Author:William J. Clinton
“The stimulus is our bridge over troubled waters. And if it's invested well, it'll generate a lot of economic growth, and we'll get quite a bit of the revenues back.” IfsWellsBitsGrowthWaterEconomicBridgesRevenueEconomic GrowthStimulusTroubled Waters Author:William J. Clinton
“Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution.” YearsMadeProblemDreamGovernmentOrderPayEconomicBecomingOne DayApproachSolutionsIncreasePaidDemocraticEightSpendingFasterAdoptedJumpingPackagesStimulusRecessionsBettingGovernment SpendingEconomic ProblemsJumping In Author:Dick Morris
“If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power.” IfsShouldHas BeensGovernmentEconomicShould HaveProsperitySpendingRepublicDesperationInflationStimulusShould Have BeenBorrowedUnprecedentedRunawayGovernment Spending Author:Thomas Sowell
“Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.” LongGovernmentEconomicAuthorityMajorsMassResearchUnderstoodConstitutionBudgetsGlobal WarmingAmendmentsUrbanDocumentsUnemploymentFoundingStampsItemsPackagesStimulusConstraints1930sFramersFood StampsMedicaidInterventionismMass Transit Author:Robert Higgs
“The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities.” IfsWantNeedsPresidentCommunitySimplePartyBehindsGroupsEconomicWorstSeriousPoliticianRepublicanActivityCrisisDemocraticBillionsErasPostsNeighborhoodUrgesVotersMinimumRepublican PartyDemocratic PartyStimulusHeadlinesPartisansGopPalsEconomic CrisisAcornsRegistrationCommunity OrganizingVoter Registration Author:Mark Steyn
“I think there is need for economic stimulus... and government can help make that up in a very difficult time.” ThinkingNeedsHelpingGovernmentDifficultEconomicDifficult TimesStimulus Author:Mitt Romney
“For just a few dollars registration, you got temporary possession of a good piece of land. Live on it for five years, build a house, and farm it, and it was yours. What a brilliant economic stimulus!” YearsHouseFivePiecesEconomicLandDollarsPossessionBrilliantFive YearsTemporaryFarmsStimulusRegistration Author:Charles R. Morris