Neo-Logic
Reality Checker
The impact of the Obama stimulus plan is expected to be measurable in 3-5 years. Even Obama himself admitted that if this stimulus plan fails, he will not be re-elected for another term. Even in the 3 year mark, the results will be muddied and politicized during the campaigns. Plus, no president got re-elected during a down economy in American history.
And contrary to popular belief, Obama's plan is NOT the same as FDR's plans in the 100 days. Whereas FDR spent most of the monies in directly creating new jobs, only a minimal portion of the Obama stimulus plan is going towards infastructure and building projects and rest are focused more on keynesian economics type funding/spending.
And contrary to popular belief, Obama's plan is NOT the same as FDR's plans in the 100 days. Whereas FDR spent most of the monies in directly creating new jobs, only a minimal portion of the Obama stimulus plan is going towards infastructure and building projects and rest are focused more on keynesian economics type funding/spending.
Last edited: