Douglas Holtz-Eakin, who was on President George W. Bush’s economic team during the 2001 recession, said he’s "cautiously optimistic" about the package, but worries about the money getting where it needs to go, while also worrying that it won't prevent a dramatic economic contraction.
“I hope it works. It’s designed sensibly on paper. Now we have to get the money out the door,” Holtz-Eakin said. Even still, “we’re probably going to have a second quarter growth rate that is double-digit negative."
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http://feedproxy.google.com/~r/zerohedge/feed/~3/dvChfFrVdaw/real-challenge-2-trillion-stimulus-bill-lies-ahead
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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