Before I left for San Francisco, I could have sworn I read an article saying that as recently as November, the then-president-elect was considering a “stimulus” of $300 billion (something which, as I recall, would have been enacted before he took office. Â Because I have a different computer with me now, the history on this browser would not include what I read last night.
If anyone finds such an article, could you let me now?
When searching for that article, I did find this from October 14:
With fears rising that the nation stands on the precipice of a prolonged recession, House Democrats are contemplating a huge infusion of public cash — as much as $300 billion. . . . Â A spending package of that magnitude would be far larger than anything Congress has previously considered. . . .
(Emphasis added.) The current proposal is far more than twice that. Â That article didn’t mention the Obama campaign.
So, as the president makes this the centerpiece of his First 100 Days, I’m wondering if Obama campaigned on a proposal of this magnitude. Â I don’t recall that he did.
If he had put forward such an spending package, would he have fared as well as he did last November?
SOMEWHAT RELATED: Â Ann Althouse:
If Obama had said, “I didn’t just accidentally say ‘spread the wealth around,’ I really believe in the redistribution of the wealth, and I want you to vote for me because you do too,” he would have lost.