I thought we didn’t need another stimulus

Maybe I’m wrong, but I thought the economic stimulus bill signed by Barack Obama was sufficient. Months after it passed, it received criticism from many conservatives as the unemployment rate rose. The Obama Administration and other liberals stated that this criticism was incorrect, since much of the money hadn’t been spent. We were assured by these liberals that the stimulus was indeed successful, and may have rescued us from the brink of depression. What has changed?

Despite the alleged success of the first $787 billion stimulus, we might be looking at yet another round of excessive government spending. This plan would be financed by TARP money that is being paid back by banks and a new financial transactions tax which could raise $150 billion per year. » read more