No Instant Miracle Cure from the $787 Billion
The White House is trying to reduce the expectations for the infusion of $787 Billion into the economy. The stimulus will not change the economy over night. It will improve the economy, eventually. At least that's what the White House is saying. David Axelrod has been quoted as saying, "The President has said it's likely to get worse before it gets better."
As I have said before, I would expect no less.
The Republicans are still standing against this bill and maintaining a high profile presence in doing so. John McCain is leading them in the vocal assault. While on CNN's "State of the Union" McCain said of the American Recovery and Reinvestment Act or Stimulus package - "This bill was not bipartisan. It is incredibly expensive. It has hundreds of billions of dollars in projects which will not yield jobs"
Obviously there will be limited support for the progress of this package in the future.
Is the Republican Party cutting it's own throat by standing it's ground to make a point?
What if the package starts to gain momentum in the near future?
What if the stimulus package work?
Does the Republican Party have an exit strategy that will not cut even more Republican seats in the Mid-Term elections?