Maybe. But how big is "big enough"? So far, the Obama administration has
borrowed $5 trillion and nobody believes the economy has improved.
Of course the current administration is saying that just a few more billion
dollars will cause things to turn around. I'm old enough to remember when
Lyndon Johnson and Robert McNamara were telling us that just a few more
hundred thousand troops would defeat the Viet Cong.
What "new jobs?" I didn't mention anything of the kind. I did say that
during GW's tenure the unemployment rate got as low as 4.5%, but I made no
mention of "new jobs."
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