I think stimulus money is an absolute mistake.
The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.
You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with ...
What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent, and wasted.
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.
The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be ...
Our earliest evidence of government, in the ruins of Babylon and Egypt, shows nothing but ziggurats and pyramids of wasted taxpayer money, the TARP funds and shovel-ready stimulus programs of their day.
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.
I supported the stimulus package.
The real reason to oppose increasing tax rates on the wealthy is that it's a good bet they could do more to help the economy if they keep their money rather than have their earnings confiscated by the government and spent on another round of stimulus...
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.
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.
Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.
And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.
Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.
After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosio...
President Obama has only had two major policy victories during his tenure: the stimulus package and Obamacare. Both are massively unpopular. The stimulus package launched the Tea Party movement. Obamacare led to the Republican wipeout of 2010.
Preparation for war is a constant stimulus to suspicion and ill will.
Real economic stimulus comes from real investment.
Pausing between stimulus and response allows you to show up in your life.
Between stimulus and response, there is a space where we choose our response.
