2009, the under pinnings of the stimulus pill. go to appendix 1. it has a chart. it says for every dollar spent $1.55 economic growth for each of the next 10 years on average that says we can spend our way to prosper no country in the history of the world has succeeded at that. most stimulus bills, properly designed is lucky to provide 80 cents in economic growth for every dollar of expenditure under the bill that is not the view of the people who wrote this bill. they thought they could create prosperity out of nothing. this bill was poorly designed. it didn t aim at job creation. it just spent money willy-nilly. the president said i will take 6 50 to 750 but up to 850. maybe a couple hundred billion dollars of what he wanted and left the rest up to congressman of wisconsin.
2009, the under pinnings of the stimulus pill. go to appendix 1. it has a chart. it says for every dollar spent $1.55 economic growth for each of the next 10 years on average that says we can spend our way to prosper no country in the history of the world has succeeded at that. most stimulus bills, properly designed is lucky to provide 80 cents in economic growth for every dollar of expenditure under the bill that is not the view of the people who wrote this bill. they thought they could create prosperity out of nothing. this bill was poorly designed. it didn t aim at job creation. it just spent money willy-nilly. the president said i will take 6 50 to 750 but up to 850. maybe a couple hundred billion dollars of what he wanted and left the rest up to congressman of wisconsin. who took every bad spending