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Just goes to show the lack of leadership of Obama, he delegated the responsibility for coming up with a stimulus plan when he had total control of the Congress with overwhelming numbers.
Which is beside the point; just because a person has a D in front of their name does not mean they would vote for anything he proposed. Now let’s consider what happened in Beijing in November of 2008 to gain a relative perspective.
The Chinese implement a stimulus package of about $586 billion (or 11.2% of GDP) for which $222 billion (4% of GDP) was attributed to public works.
The United States implements a stimulus package of $787 billion (5.6% of GDP) for which $111 billion (0.8% of GDP) was attributed to public works, nearly three months after the Chinese stimulus package.
What is so astounding is the success of such policy in China, even though the Chinese have a savings rate (which is critical to estimating the effectiveness) greater than the U.S. by many multiples.
The stimulus amount was enough but the way it was spent wasn't.
No it was not, and nothing you can or will provide negates this fact. It has been broken down on multiple occasions only to see you reply with personal attacks. See for instance
http://www.debatepolitics.com/breaking-news-mainstream-media/105837-breaking-agreement-has-been-reached-raising-debt-limit-43.html#post1059704456
Saving jobs that weren't federal responsibility did nothing to increase employment and thus govt. tax revenue or GDP growth. His so called tax cuts were targeted and did nothing for the job producers but did provide a rebate check to many that once gone were totally gone.
??? What are the taxes that job producers pay? Secondly, would you say that worker productivity increased with targeted tax cuts (you know, people taking more home for the job they do)? Businesses expand based on projections of consumer confidence, consumer credit, business credit, and the cost of capital (or credit). There is nothing to suggest that cutting taxes would lead to job creation. Reason being, corporate profits are at all time highs and firms are flush with cash and short term liquid assets.
With the economy declining and instead of focusing on growing that economy he came up with a job killer in the form of healthcare.
Private sector job growth (albiet meager) has continued since March 21, 2010. Maybe uncle sam should subsidize every single businesses health care costs as a means of stimulating the economy
Not sure what makes you an expert on what to do. Have you ever created a job, created anything of value, promoted community growth? Why is it the role of the Federal Govt. to handle local social issues and personal responsibility?
Ahh, the personal attacks begin when you run on empty.