Three years ago, a newly minted President Obama signed the economic stimulus bill into law. He and his allies declared the plan would stave off another massive depression and that unemployment would get no higher than eight percent if it was enacted.
Ever since, Republicans have cited the stimulus as a symbol of Obama’s big-government vision and a huge giveaway to special interests.
Rep. Daniel Webster (R-Fla.) joins us to explain why he believes this is not an anniversary worth celebrating.
“It’s a failure, it was a failure from the beginning. It’s a picture of what this president has tried to do with his policies. He tried to make the economy better and all he’s done is make it worse.”
Webster tells us why he believes the stimulus was a failure. He also predicts the economy will be the dominant issue in every major race this year and spells out how Republicans plan to contrast their economic vision with what we’ve seen from the president.