The Congressional Budget Office has weighed the stimulus plan and found it wanting. The non-partisan group has determined that in the long run the plan will hurt the economy more than if nothing was done. The budget office said “…the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing.” Wow. Read that report here.
Watching The Nation 