Why Obama’s New $50 Billion Infrastructure Stimulus Will Flop On Every Level

Tuesday, September 7, 2010
By Paul Martin

Unless he tries something radical, the public has already decided what it thinks about stimulus

Joe Weisenthal
BusinessInsider.com
Sep. 6, 2010

You can’t call it a stimulus, but Obama has announced a new $50 billion infrastructure initiative.

This is going to be a big “nothing” on two levels.

First, we hate to say it, but $50 billion just isn’t needle moving, especially when you consider that the initial stimulus was $700 billion, and critics who said it was too small were looking for at least another half-a-trillion (or about that).

But beyond that, it won’t work out politically.

The Rest…HERE

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