Stimulus Plan Slow, Easy to Criticize

There are a lot of critics to the stimulus package of late, including these articles from the New York Times and San Francisco Chronicle. Of course only a small part of the stimulus package has been spent. By the end of the year, only 25% of the $787 billion will be paid out. So it is a little early to criticize. Not only that but the economy is a BIG ship and it takes time to get it pointed right again. Keep in mind that this isn’t about dumping a couple of bucks and having people spread it around. The plan is about long term sustainability, building infrastructure and technology that will create jobs years from now.