Jul 11th, 2009 - Washington Post
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President Obama, still traveling abroad, responded to increasing criticism that the stimulus package that he pushed through Congress is not working to prevent job losses in a still-struggling economy.
In his weekly radio and Internet address yesterday, Obama said the critics -- which include many GOP leaders in Congress -- have little credibility.
"When we passed this recovery act, there were those who felt that doing nothing was somehow an answer," he said. "Today, some of those same critics are already judging the effort a failure although they have yet to offer a plausible alternative."
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7:16Obama's So-Called Stimulus: Good For Government, Bad For the Economy
President Obama wants Congress to dramatically expand the burden of government spending. This CF&P Foundation mini-documentary explains why such a policy, based on the discredited Keynesian theory of economics, will not be successful ...
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President Barack Obama is calling the economic slump a 'continuing disaster' for America's families. (Jan. 30)
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Obama: Spending is Stimulus. That's the Whole Point
