Speaker wants to rip PPACA out by the roots

[beej]

"Let me state a fact: The first $13 billion that was put in the company, George Bush, a Republican, put it in. The second [payment] came in with President Obama. So we had two administrations, two presidents of reasonably disparate points of view politically, economically, philosophically, decide that this is in the best interest of the American economy and American jobs." General Motors Chairman Daniel Akerson

http://www.newsmax.com/Newsfront/ake...5/01/id/437704

It appears that both Bush and Obama get credit for the GM bailout.

I'd be surprised if anyone could produce a great deal of empirical evidence one way or the other on the stimulus that couldn't be refuted in some way by someone philosophically in opposition to the supported position. I've heard reasonably credible arguments from economists on both sides of the issue.

My own opinion is that it's very difficult to summarily dismiss as a failure the three rounds of stimulus action by the feds (first round under Bush). This NY Times piece is a pretty fair discussion of it.

http://topics.nytimes.com/top/refere...lus/index.html