Saturday, February 21, 2009
Obama Praises Stimulus Plan, GOP Grumbles
President Barack Obama is praising his stimulus plan, calling it "the most sweeping economic recovery program in history" and saying that its effects will be felt by April 1st. Meantime, GOP members continue to grumble and complain, insisting the Democrats have produced "lousy work" with the bill.
Obama has stated repeatedly that the stimulus money belongs to the American taxpayers. In line with his ideal of transparency, the President is urging all Americans to log onto Recovery.gov in order to track the progress and spending of the stimulus federal money.
Obama is adhering to Keynesian Economic Recovery theory, which has as its basic premise the idea that government is the solver of economic crisis, and presupposes the idea of social recovery bills.