This is an opinion item.
| Author(s)
|
The Wall Street Journal editorial board
|
| Source
|
The Wall Street Journal
|
| Date
|
January 28, 2009
|
| URL
|
http://online.wsj.com/article/SB123310466514522309.html
|
| Quote
|
|
"Add the roughly $20 billion for business tax cuts, and by our estimate only $90 billion out of $825 billion, or about 12 cents of every $1, is for something that can plausibly be considered a growth stimulus. And even many of these projects aren't likely to help the economy immediately. As Peter Orszag, the President's new budget director, told Congress a year ago, "even those [public works] that are 'on the shelf' generally cannot be undertaken quickly enough to provide timely stimulus to the economy.""
|
|
|
Add or change this opinion item's references
This item argues against the position Act should be passed on the topic American Recovery and Reinvestment Act of 2009.