The logic behind the Bush-Obama stimulus runs like this: if people aren’t spending enough money to keep the economy afloat, then government should increase its spending to make up the difference. It’s conventional Keynesian theory.
Surprising, then, that President Obama asked federal departments to find $100 million dollars in cuts.
Does that mean that a $787 billion stimulus package is too much, but $786.9 billion is just right?
Inertia Wins! 