Rep. Stephen Scalise (R-LA), who now chairs the Republican Study Commission, is once again talking about the rather glaring gap between President Obama's 2009 promises and 2013 reality. "Bigger government is the problem, not the solution. In the wake of the stimulus, Americans have suffered through higher taxes, a weak jobs market, and the worst economic recovery seen since the Great Depression."
This is a devastating point: just compare our grinding unemployment and stagnant economic growth to Obama's lofty stimulus promises. We're nowhere near where he promised we would be, if we just gave him $800 billion to "invest." No private investor could survive such a degree of failure - and of course, none of them gets $800 billion to play with. At the very least, it's highly likely that the clients of such a lousy investor would take their business elsewhere.