Bill Clinton: Stimulus Was Too Small

Written by FrumForum News on Wednesday June 29, 2011

Politico reports:

Former President Bill Clinton said he likes the economic stimulus — it just wasn’t big enough.

“I think the stimulus did as well as it could have done — there just wasn’t enough of it, ” Clinton told reporters Tuesday.

President Barack Obama’s $787 billion stimulus bill, signed into law in 2009, has since being a rallying point of contention for Republicans and conservative tea party activists.

Clinton has made his support for the stimulus package clear in the past, telling Fox News in 2009: “I think the stimulus package is well conceived. A lot of it puts money in people’s hands, with the unemployment benefits and the food stamps and the tax cuts. A lot of it keeps the states and local governments from laying off a million more people or having big tax increases with the aid to education and health. And then I think the energy and the infrastructure investments will create the jobs the president wants. So I like the conception of that.”

Category: The Feed