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September 7th, 2010
06:00 PM ET

Pres. Obama's economic plan too little too late?

ALT TEXT

President Obama is pictured yesterday in a speech about the economy at the Milwaukee Laborfest in which he unveiled plans to spend at least $50 billion to expand and renew roads, railways and airports in a bid to fire up economic growth. (PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

As Recovery Summer draws to a close and all the polls are suggesting the Democrats are about to suffer a crushing defeat in the midterm elections, President Obama has decided now is the time to roll out a new economic plan.

Some Democrats are worried it's all too little, too late.

The president wants to spend up to $350 billion in new stimulus money to jump-start the shaky economy.

There's a $200 billion tax cut for businesses to buy new equipment in the next year and a $100 billion permanent extension of the business tax credit for research and development.

Plus, there's a $50 billion infrastructure plan to try and create jobs in the long term. This would include rebuilding 150,000 miles of roads, 4,000 miles of rails and 150 miles of airport runways.

But officials acknowledge that no new jobs will actually be created until 2011.

All told, this $350 billion would total nearly half the size of the initial stimulus plan passed when President Obama first took office. And of course at the moment there is no money available to pay for any of this.

It's highly unlikely any of this will get through Congress. They come back from their summer break next week and will be in session for less than a month before heading out of town - again - for the midterm elections.

Meanwhile - Americans aren't feeling much recovery when it comes to the economy

A new CNN/Opinion Research Corporation Poll shows 81 percent rate economic conditions as poor, only 18 percent say they're good. About half of the country says conditions have not improved in the last two years.

Here’s my question to you: Is President Obama's latest economic plan too little too late?

Interested to know which ones made it on air?

Bob writes:
No, It is just not the right answer! The economy needs jobs. Maybe he should try this: Make e-Verify mandatory, NO amnesty, secure the border, tax those that outsource and then bring product back to U.S., tax China and bring back manufacturing jobs. This alone would create millions upon millions of jobs. Now that is a fix!

Steve in Concord, California writes:
Considering how long the administration has been in office, that would be a definite 'yes'. This administration should have had a working plan on day one. The economic plan we have now, if any, is 20 months overdue, and even this plan won't guarantee economic recovery.

Julie writes:
Jack, Could you please see the glass as half-full? Apparently about 90% of us are doing ok, we're just afraid because the news keeps telling us how afraid we should be. As our consumer confidence grows, so will our economy.

Jim in Michigan writes:
Jack, This is about garnering union votes. Every stimulus dollar is targeted toward a union job. This administration is throwing darts and is hoping they will hit something and win a prize. Tell me, Jack, we pay a federal tax on every drop of gas we put in our cars and trucks; that money is targeted for road and bridge repairs so why do we need stimulus money? Please tell me that they did not rape the road repair funds like they did social security – did they?

Tammy in California writes:
I wouldn't say too little too late. We spent A LOT but it did TOO LITTLE. Their new plan should have been the original plan: infrastructure, roads and railways, etc. I voted for Obama, still like him, but I'm exasperated by the whole thing.

Jeremy in Traverse City, Michigan writes:
Yes, it is far too late. The first stimulus was a complete FAILURE on Obama's part. We don't need to spend even more or our grandchildren's money! This money isn't free. Please stop the insanity.

Mark writes:
It's maybe too little, but it's never too late.


Filed under: Economy • President Barack Obama
soundoff (203 Responses)
  1. Rick McDaniel

    Far too little, and far too late.

    He has failed to get the job done, and everyone knows it. He can blame Bush all he wants....we know the real truth.

    September 7, 2010 at 1:57 pm |
  2. John from Alabama

    Jack: President Obama just signed into law a $10 billion that will keep teachers , police , and firemen from being laid off from their jobs. It is very hard to accomplish anything in Washington D.C. for this nation when the Republicans just say no to everything. The Republicans have no plans, except to stop President Obama from doing the things this nation need to improve the economy. Obama won the election the Republicans do not like the will of Americans.

    September 7, 2010 at 2:07 pm |
  3. CRAIG R. MCNEES

    tampa, fl well he had to take care of all of those that did "favors" for him first, now it is election time so he just at least look like he is doing something for the "little people". neither political camp is going to do what needs to be done to correct our unemployment problems as that would offend those that obama helped first.

    September 7, 2010 at 2:08 pm |
  4. Johnny C (Los Angeles)

    Hi Jack –

    I do not think it is "too little too late" from two standpoints:

    1) From an economic perspective – the opportunity to get new equipment will greatly enhance opportunities for manufacturing and is welcomed;

    2) From a political standpoint – American voters don't seem to remember anything after a month and will be "marketed" non-stop as the elections get close.

    September 7, 2010 at 2:09 pm |
  5. Russ in PA

    "Too little, too late." What a joke, as the government shouldn't be trying "stimulus" nonsense in the first place. Return us to a true free market, stop bailing out failures, and let the free market return us to prosperity. It's foolish to think that failed policies from the '30's are going to work any better than they did then. Goes to show how little imagination and intelligence our central planners in Government have: all they can do is follow failed Keynesian policies...

    September 7, 2010 at 2:11 pm |
  6. Ed from Harrisburg

    Quite frankly, I am not sure what Obama could have done or can do in the future to fix the great American collapse of the Reagan, Bush X2 and Clinton years. The smoke and mirrors of globalization has put us behind the 8-ball where we are spending more than we make, wasting more than we can afford and borrowing beyond our means to pay off. We are headed for financial wrack and ruin because of our own greediness and confusing our wants with our needs and blaming it on politicians instead of our own poor judgement.

    September 7, 2010 at 2:12 pm |
  7. Rob in Brooklyn

    no. Its seems he's trying .he should have done something before this. Worrying about the banks bottom line isn't going to make people spend again. But the GOP doesn't want to move one bit on anything. They are the ones to be held to task.And they don't care. If your not a millionaire they aren't worried about your situation

    September 7, 2010 at 2:14 pm |
  8. bob z fr ,pa.

    obama plan is a temporary fix in a year or two we will back to where we were no jobs

    September 7, 2010 at 2:15 pm |
  9. JENNA

    Is President Obama's latest economic plan too little too late?

    Hardly. Economist have been saying that this is the fastest recovery out of a recession in history. Granted the jobs have been lacking but we are not bleeding 750K per month like we were when Bush was in office. We are actually gaining jobs.

    Our nation would be in better shape if the Republicans would have worked with the Democrats over the past 20 months. For all the whining that the Republicans have done with regards to No Jobs, maybe they can expalin why they voted against ALL THE JOBS BILLS for the past 20 minths – including the Small Business Jobs Bill.

    The Republicans have already stated that they will vote against the Infrastructure Jobs Bill as well. Further proof that Republican Lawmakers only care about keeping their jobs and to heck with Americans having jobs.

    The best thing that we can do for our nation is to get a Super Majority in the House and Senate for Democrats so that they can get the jobs FOR Americans and pull our nation out of the recession that the Republicans put us into.

    As a reminder President Obama warned us that this would take time and he was right!

    Jenna
    Roseville CA

    September 7, 2010 at 2:15 pm |
  10. Loren

    Given that the President does not believe in capitalism, any economic plan of his will be too little, too late.

    September 7, 2010 at 2:16 pm |
  11. American

    Pretty much, but its the GOP in the Senate that kill everything.

    September 7, 2010 at 2:24 pm |
  12. Rich - TX

    As a small business owner, borrowing money is not the problem. One of the reasons I am still in business is that I'm not leveraged to the hilt. All of the owners I talk to seem to be doing alright, they are just scared by the way Obama operates so we're holding on to our money. He has obviously never run a business. At this point it is too little too late, throwing money at the problem will not solve it. What we need is for the government to get out of the way. That will bring confidence.

    September 7, 2010 at 2:24 pm |
  13. Tom, Avon, Me, The Heart of Democracy

    I'd love to hear Nobel Prize winning economist paul Krugman's answer to your question. He said from the start that there would have to be a huge spending program to right the economy. The "just say no" crowd chiseled down the president's original request to the equivalent of half a coarse of anti-biotics when the patient needed a full dose.

    September 7, 2010 at 2:28 pm |
  14. Herman Portland OR

    Yes, I am afraid so. The new stimulus 11 is more of the same and has little support because the first stimulus has not worked either. More spending and debt for future generations is not what Americans want. Most Americans want fiscal responsibility more accountability and less government restrictions on their dailey lives. The new economic plan proves that this administration does not have a clue when it comes to capitalism and economic growth at a level that America deserves to be at.

    September 7, 2010 at 2:28 pm |
  15. Tom from Houston Texas

    Jack,
    Let's go along with it, I have the perfect 'shovel ready' job for the Obama folks. Let's finish the fence along our Southern Boarder.
    Lots of Union Jobs to please the Democrat party, keeping illegals
    out to please the Republicans...what can go wrong with that!!
    I shudder to think!

    September 7, 2010 at 2:34 pm |
  16. southerncousin

    Way to late. I believed the rhetoric and thought all of this was included in the first trillion dollars, not knowing that money was a total payback to the unions and the left wing nutsy organizations that supported this imcompetent fool in the 2008 election.

    September 7, 2010 at 2:39 pm |
  17. pat in michigan

    It doesn't matter when or what plan their is Wall Street runs this economy and our politicians. Wall street has our money now and will wait till they have a favorable crew in power to write legislation that favors them and their business.
    The President could have put this plan in on day one and it still would be right where it started . Business will not grow till govt. doesn't have a say in business ethics or rules.

    September 7, 2010 at 2:44 pm |
  18. Ed from California

    No! He's been in office for less than two years. He has to fight congress, who it looks like are recieving favors for sending our jobs overseas. Look at all the government deregulation that has taken place for all these years at the middle class' expense. I know the Democratic Congress has now has ended the corporate tax loopholes that allowed U.S. corporations to send jobs out of country. But, to get the jobs back or start new ones takes time. Look at Carly Fiorina. In this last debate against S.Boxer she was saying that the US labor market should model after communist China. Hello, Carly Fiorina send thirty thousand HP jobs to China, those jobs were here in the U.S.. The US is using China as a new slave labor camp. But, it seems that a lot of our manufacturers have sent our jobs to China already. Keep voting anti-labor and see what you get.

    September 7, 2010 at 2:47 pm |
  19. Paulette in Dallas,PA

    Yes it is too little too late. The people don't trust him too much either after his performance in the first two years of his administration. He promised a lot and then did what he darn well pleased and disregarded what the people wanted.

    September 7, 2010 at 2:48 pm |
  20. Al, Lawrence KS

    Not long ago, the complaint was that the President was doing too much, spending too much, ramming things down our collective throats. Now he's not doing enough...too little, too late. I mean, what can you expect from a socialist, nazi, communist, foreign born, muslim, grandma killing, birth certificate forging, elitist. Another day, another criticism...this is getting ridiculous. He offered a plan to boost the economy. I don't see a lot of other people doing anything. Give the man some credit.

    September 7, 2010 at 2:49 pm |
  21. Blake on Long Island

    Jack,

    Why cant it just be a good idea...must everything be turned into political fodder? I know it's what keeps you having a job...but geez...you guys are truly trying to will the repubs back into power arent you?

    September 7, 2010 at 2:50 pm |
  22. David Alexandria VA

    No doubt about it, Jack. $50B in this economoy is like dumping a cup of water in the Potomac and expecting it to overflow. And tax credits for people who do R&D isn't going to do much for the 85% of small businesses who don't. What is this guy thinking? Or is he?

    September 7, 2010 at 2:54 pm |
  23. Janne from NC

    I think too little too late is an understatement. Now that his numbers are in the toilet and the dems are going down in flames he decides it is a much better idea to spend money on roads and bridges than coked up monkies and turtle crossings!

    September 7, 2010 at 2:56 pm |
  24. Eugene Myers Flat, CA

    The original Stimulus funds haven't been spent and Obama wants to print more money to accomplish what the original plan didn't? He's throwing more good money after bad so it's too little too late. Like the saying goes, "A bucket cannot lift itself up with it's own handle".

    September 7, 2010 at 2:58 pm |
  25. Jane (Minnesota)

    Jack, let's face it, the Republicans really didn't want Obama's economic policy to succeed and did everything they could to prevent it. It's a shame that "winning in November" is more important to our elected officials instead of the people they are supposed to be representing!

    September 7, 2010 at 3:00 pm |
  26. steve in fl

    Give me sec, Jack. Let me check my conservative talking points memo......mmmmmmmmm..................Yep! You betcha! Way too little and way too late! We're all doomed! The sky is falling and we're sinking into socialism. Hey, Jack? Should I use lighter fluid or gas when burning Qurans?

    September 7, 2010 at 3:02 pm |
  27. Carl

    Jack,

    Obama's main problem is the fact that he talks to much. He has been on just about every T.V. show known to man. How about doing something, instead of just talking about it. And yes, it is to late. Having said that, I don't really think at this point that it matters at all who is in office, or in the so called control mode. None of this elected inept idiots care enough to do the right thing for the legal American citizen. Their to busy pandering to the illegal alien minorities. We need to hit rock bottom before anything will ever be done, I hope it's soon. Then when we have nothing left to give, maybe then these bottom feeder countries like Mexico will learn to take care of themselves and their own people. We also need to control our own destiny and not concern ourselves with the whole world's problems for a nice change, don't you think Jack?

    September 7, 2010 at 3:02 pm |
  28. Annie D.

    The President is between a rock and a hard place since Republicans wouldn't have allowed the passage of the much larger stimulus bill we needed at the beginning of his term in office. I think aid should be given directly to taxpayers who will either put it directly into the economy or pay off debt and boost the bottom line of banks. Giving another break to business is a gift to India, China, Pakistan, Indonesia, Mexico and all the other countries American companies send their jobs to.

    September 7, 2010 at 3:05 pm |
  29. Steve in Oak Creek, WI

    Ah, yes, the Dems are late to the dance once again. The band has left and the room is empty. They are ready to dance but the lights have been turned off.

    September 7, 2010 at 3:05 pm |
  30. Brandon, Melbourne, FL

    He can't carry through on any economic plan.

    The Republicans are going to win big in November, and between that and the filibuster in the Senate, he won't be able to get any laws through Congress and waste any more money.

    September 7, 2010 at 3:11 pm |
  31. andy Lynn, MA

    Liberal or conservative, Domocrat or Republican no one gas a clue how to fix the economy. All the Republicans are saying is 'no, that won't work.' I haven't hard a productive idea from any of the party of no. It truly amazes me that all the talking heads in tele-journalism have failed to question the leading academics on their recommendations. Jack Kennedy would have asked academia for their input. Sitting on the sidelines and absorbing the erudite information expoused by CNN I almost suspect an unholy alliance between the party of Lincoln and their big business allies in restraining growth of the economy. Only in America!

    September 7, 2010 at 3:12 pm |
  32. diridi

    Jack, enough...is enough...nation is robbed for the last ten years...its money is gone to Iraq....like mud....I vote for any Democrat, even though it is a dog...period...Obama is doing fine...it takes some time before it gets back...Bush the biggest idiot and thug messed this nation to irriperable damage....to recuperate it takes time...we need to bring back manufacturing sector with R & D....pass energy and climate reform, with stringent immigration...no room for politics...even India is getting better than USA....any darn thing says, made in china....can't we make screw driver....in USA???????

    September 7, 2010 at 3:17 pm |
  33. Rich McKinney, Texas

    Jack I don't think Obama or his staff have a plan. That being said I don't think anyone does. A government can not keep spending assets is does not have and expect the economy to get better. The only way to recover from a failing economy is create jobs and to stop spending. Our federal government would serve itself better to simply create an across the board consumption tax that everyone pays on everything they buy instead of making 41 percent of the people pay for everyone else.

    September 7, 2010 at 3:18 pm |
  34. Kathie

    When this disaster first started the outsourcing of jobs should have been stopped. Our Chrysler plant in Kenosha, WI is being closed so the jobs can be sent to Mexico–another 500+ jobs lost! What Obama is doing is like closing the barn door after the horse has escaped. Washington is so far out of touch it is pathetic. The "stimulus" only helped the rich, the CEOs and lobbyists not us

    September 7, 2010 at 3:19 pm |
  35. gordon

    Yes and no. Yes, it's too little because the damage was done long ago, before Obama had any control and the structural damage done to our economy due to over valued property can only be undone as those valuations increase. Too late? No. It's never too late to do the right–or best–thing, which he is trying to do. Good for him. His predecessor did nothing until the disaster he helped create–and ignored–was past us.

    Las Cruces, NM

    September 7, 2010 at 3:19 pm |
  36. Bizz Quarryville, Pennsylvania

    It could've been a little earlier but I don't think it's too late. The president gets condemned no matter what he does about the economy. That is just the way it is for every president. When people are out of work and hurting they need to blame someone. The republicans know this and will disagree loudly with everything he tries in order to win an election. And then it will be the democrats turn and the cycle will continue until the voters elect people willing to work together to solve our country's problems.

    September 7, 2010 at 3:20 pm |
  37. Mark from Voorhees, NJ

    What is perhaps too late is the White House and Democratic response to the loud, vitriolic, unceasing, strident screaming from the right. If it is heard often enough, and loud enough and extreme enough, the people in the middle, who oridinarily pay the least attention, start to believe it. Josef Goebbels did it, and now it is the Republican party, and the Koch brothers, and the "Tea Party" have done it. The people in the middle who swing the polls, do not seem to remember that it was the Right who ruined the economy and fought a war for the profit of themselves and their friends. And now their loud and unreasoned voices are ruining America.

    September 7, 2010 at 3:23 pm |
  38. Rev. Doc

    What plan? A WH spokesperson said that they had changed his speech in Milwaukee so that it didn't claim immediate jobs, but would take effect in 2011. Yet, the Prez chose to claim, that the action would yield immediate results. I guess he was high on his own preaching to the Union. What about preaching to those out of work? Would the response been the same if an audience of the same size of unemployed people listened to it? NOT! They can't pour conrete in the middle of winter can they? And, is Pelosi and Reid ready to deliver this bill next week? NOT!

    September 7, 2010 at 3:24 pm |
  39. Dena Richmond, Va

    NO, it's never to late to fix something wrong if it took this ling to break then it can be to late to turn around. Just at the GOP they don't understand that once broken then it's time to repair they only like to break things and then and blame it on a bad toy. Like most children you have to grow up and learn to appreciate your things/liberties which is what the President is trying to do but the GOP still like to play with broken toys. Never to late to fix things and it's time for the Rep's and this world to grow up and stop breaking things.

    September 7, 2010 at 3:26 pm |
  40. Steve from Concord, CA

    Considering how long the administration has been in office, that would be a definite yes. This administration should have had a working plan on day one. The economic plan we have now, if any, is 20 months overdue, and even this plan won't guarantee economic sustainability. So much for change.

    September 7, 2010 at 3:26 pm |
  41. Jerry Johns Creek, GA

    This is a desperate act by a desperate politician who has no idea of how to lead. This is pure politics, not leadership.

    September 7, 2010 at 3:27 pm |
  42. Tina Tx

    Only in the eyes of you and the Republicans. The control of the Republicans for the last 10 yrs sent millions of jobs overseas and how do you expect to gain good paying jobs back? There is no miracle going to happen. Put the Republicans back in and they will finish destroying union jobs and we will all be right back we were before working for low wages and working long hours and no benefits. The choice is ours to make. Pick wisely. Weigh your options.

    September 7, 2010 at 3:27 pm |
  43. Gary H. Boyd

    President Obama's Labor Day pronouncement of another $50 billion for roads, rails and runways totally missed the mark. Having already spent $800 billion for "stimulus" that really hasn't worked, another $50 billion suggests desperation. With less than 8 weeks till election, the Democrats are throwing money around like confetti. And the sad part is, it's taxpayer money. No wonder Republicans will prevail in November.

    Gary in Scottsdale, Arizona

    September 7, 2010 at 3:35 pm |
  44. Jerry Jacksonville, Fl.

    I hope the Republicans gain control of the Huse and that Obama vetoes ever damn bill that put forth, it's hard for me to understand how people can want the same dirt bags back in charge that got us in this mess to start with. Doin't guess we've made millionaire's out of all their buddies yet.

    September 7, 2010 at 3:40 pm |
  45. Steve, Clifton, VA

    President Obama's proposed economic plan is not, by any definition, too "little" as it involves hundreds of billions of dollars, but I suspect that it is a tad too late. The nations transportation infrastructure component of the newly proposed economic plan should have been the most substantive part of the original stimulus package as it would have produced immediate and visible jobs for a healthy cross section of Americans. But for some reason it was mostly omitted. Go figure!!

    September 7, 2010 at 3:43 pm |
  46. Meg from Troy

    Jack–
    It beats the hell out of anything offered by the Party of No in the last two years. At least it's a plan–the Republicans, Tea Partiers, and Liberterians have nothing positive to offer. How about supporting the President for change–I'd like to see that in your questions once in a while Jack?

    September 7, 2010 at 3:43 pm |
  47. Moseania from Chicago

    Help for the economy is never too late. Today's financial problems are different from the ones he solved before. We need to look at the bigger picture and stop looking through our pre judging mirror.

    September 7, 2010 at 3:47 pm |
  48. Bob

    No, It is just not right answer! The economy needs jogs. Maybe he should try this: Make e-Verify mandatory, NO amnesty, secure border, tax those that out source and then bring product back to U.S., Tax China and bring back manufacturing jobs. This alone would create millions upon millions of jobs. Now that is a fix!

    September 7, 2010 at 3:47 pm |
  49. Joe R - Houston

    Obama's latest economic plan isn't just too little too late, it's also wrong headed at any time. Stop spending. Stop counterfeiting. We don't need another parent. Stop signing into law every bill coming out of congress that is unmarketable product research and development welfare and has a built-in promise of a future bailout when the malinvestment goes belly up.

    September 7, 2010 at 3:50 pm |
  50. Jerry A - Toronto

    Nothing is too late Jack. The bailouts were a quick Band-Aid, nothing more. Now it’s time to work the problems one step at a time because it’s long from being over.

    September 7, 2010 at 3:54 pm |
  51. Al Bledsoe

    Who really knows and compared to what?

    September 7, 2010 at 3:55 pm |
  52. katiec Pekin, IL

    Jack, Jack, Jack,
    It is a wonder our president gets anything done with the republicans, you, CNN and most of the media constantly headlining their negativity on everything he does.
    He has been and is trying everything he can to get our country back on it's feet, after your republicans brought our country to it's knees, and has been dealt nothing but obstruction, propaganda, fear mongering, lies by a party that wants no progress, supports further destruction all for the sake of power and winning the next election.

    September 7, 2010 at 3:58 pm |
  53. Leslie

    I don't know that its too late we should have done this before the bailouts. Gee what a concept help the ordinary and small businessman.

    September 7, 2010 at 4:03 pm |
  54. Jim S

    It may be Jack. But, you have to remember that the Republicans have obstructed virtually everything this president has tried to do and criticized the rest. The Republicans are as much or more to blame for our stagnant economy as the democrats and Obama.

    September 7, 2010 at 4:03 pm |
  55. Tom in Tx.

    Yes.As an Obama supporter, even I could have told him to tackle the economy first and leave healthcare reform for later.Now the Dems will pay an enormous price in Nov.(and should) for the failure to put Americans back to work asap.

    September 7, 2010 at 4:03 pm |
  56. Ralph Spyer

    Never to late to help people , but President Obama has to undue what Prestdent Reagan did when he killed antitrust enforcement. Pfizer the world largest drug company lay off 19 thousand people when they bought Wyeth, Merk lay off 16 thousand people when they bought Schering Plough Between Colgate Palmolive and Procter Gamble they have 70% of all toothpaste sold in America. Anheuser Bush Inbev and Miller Coors they have 80% of all the beer sold in America.Monsanto80% corn seed , and 95% of all soy been sold in America. We need Theodore Roosevelt now to stop WalMart

    September 7, 2010 at 4:07 pm |
  57. sheila

    It's never too late and surely our infrastructure can use the help. Too bad the private sector hasn't helped out more so that our recovery would be much further ahead. People can't purchase items and services unless they're drawing a consistent & living wage.

    September 7, 2010 at 4:07 pm |
  58. Missy M.

    I don't know. When I heard that there was yet another "plan" to fix the economy, I just rolled my eyes and changed the channel. Seems a bit late to me. If I recall, Obama won the election with his speeches saying he had the plan to fix the economy, stop the job losses and stop the free-fall in the housing market. I was fooled.

    September 7, 2010 at 4:15 pm |
  59. belle

    Our dear leader should have addressed jobs and economy as first priority [ its what the American ppl were shouting for]. Instead he concentrated on 'his' agenda and shoved obamacare down our throats, he then took his time responding to the oil spew, moved on to be the first president in history to sue American citizens over illegals. He continues to step into local issues demeaning the office of the president [making judgements & comments before 'he' has all the facts] doing the very thing he tells us not to do. Too little too late, what do you think..

    September 7, 2010 at 4:22 pm |
  60. Susan

    What former President Bush and present President Obama should have both done with the bailout money was rather than putting the money back into the very hands of the people that got us into this mess, if they gave $200,000 per household in America, not per person but per household, it would have truly stimulated the econeomy and it would have cost much less. People would have paid off their mortgages, credit card bills, student loans, had repairs down on their homes, and in return many would have been still in their jobs. It's called the trickle up affect which would have been far more productive than anything.

    September 7, 2010 at 4:23 pm |
  61. Diane Dagenais Turbide

    Dear Jack,

    Not at all! This is a multi diverse infrastructures and business plan to rebuild America for the 21st century!

    September 7, 2010 at 4:25 pm |
  62. Joe CE

    Anything at this time is too late for the November election. Obama should havekept the campaign promise to renegotiate NAFTA – much better than a half dozen trips to Ohio ( all the agreements need to be replaced with FAIR trade). He also should have kept the promise to repeal the Bush tax cuts and enacted a middle income tax cut. Gridlock here we come.

    September 7, 2010 at 4:28 pm |
  63. Jim

    Jack,

    You might claim that if you're a foam-at-the mouth Conservative extremist bent on undermining and sabotaging any Obama effort at any cost.

    Jim
    Reno, Nevada

    September 7, 2010 at 4:30 pm |
  64. Kevin in CA

    He's got a plan? I can hardly wait until the Republicans tell us about it.

    September 7, 2010 at 4:40 pm |
  65. David Gerstenfeld

    The President knows that nothing will be done 'till after the election. He's just practicing rolling up his sleeves & speaking well (as usual) with the usual result. Jack, the definition of insanity is " doing the same thing over & over & expecting a different result".
    David, Las Vegas

    September 7, 2010 at 4:40 pm |
  66. jeff korpela, santa barbara

    No, getting 'W' out when it happened was too little, too late!

    September 7, 2010 at 4:41 pm |
  67. Pete from Georgia

    Look................Obama will try ANYTHING to keep his "Titanic" presidency from going under.
    ANYTHING.
    So, to judge what is correct or on time is a joke. The very foundation of everything and / or anything he does is a contrived sham. After all, that is what he is expert at.................illusion and deceit.

    September 7, 2010 at 4:42 pm |
  68. Bill

    Jack,
    By the very nature of your question "is it too little, too late" you seem to be presupposing that the "plan" will be effective. The question should be, "Is this the right plan?" Obama has been touting this as the "Recovery Summer", which leads me to believe that he thought the last plan was working well, so why should I think this one will help?
    Bill in Atlanta

    September 7, 2010 at 4:44 pm |
  69. Cal in Denver

    Jack,

    In a word, Yep! But what could have he done earlier with the Party of No causing problems and the Democrats being wimps. Politics at its worst.

    Cal

    September 7, 2010 at 4:44 pm |
  70. Cy Gardner

    He tried to do more and the GOP blocked him. He needs to keep pressing to help small business and the American worker and make the public and the corporate owned media see that HE, at least, is trying. The GOP, the US Chamber of Commerce and the rich corporate fat cats WANT America to fail and it workers to suffer and become desperate. Economic failure is a GOAL of the rich and their minions in the GOP. It may seem like too little, but it's never too late to try and do the right thing. cy gardner, arlington, va

    September 7, 2010 at 4:45 pm |
  71. Phil in Port St Lucie, Florida

    Jack, any movement forward will help out economy. The steps that have been taken previously will not be "realized" for months or years.

    When nearly every learned economist has spoken highly of the "unseen" advances, we have to feel good for the future.

    Our economic problems we are facing, I.E., unemployment and asset losses are attributable to the "greed" of our society.

    Many years ago, people could not spend the money they didn't have ....

    September 7, 2010 at 4:57 pm |
  72. Kevin

    Yes, but through no fault of his own. It's bad enough the first stimulus plan had to be watered down and weakened just to get past the republican obstructionism – but they've already gone on record (as if we needed the confirmation) as saying all they're going to do from now until 2012 is try and block any democratic/presidential plans or initiatives.

    Welfare of the nation be damned. The GOP has nothing to offer other than crass political heckling and hectoring...

    September 7, 2010 at 4:58 pm |
  73. Anthony from NJ

    When Obama took office it was already too late. With the republicans dogging his every initiative, he can never do enough. Rather than trying to help the country, the GOP did everything to make this president look ineffective and weak. This whole strategy has been well choreographed and the naive public will, like lemmings, send us over the cliff by bringing back the party of no ideas in November.

    September 7, 2010 at 5:01 pm |
  74. Chandler in Rockaway, NJ

    Jack,
    R.I.P, the American working class. Killed by prattle like 'Americans benefit from globalization,' "Unions hurt American competitiveness,' "Lower taxes on the rich will trickle down to workers,' and 'Small business is the engine of job creation.'
    America today is a vast jobless desert. It will not be healed in my lifetime, or, I fear, my childrens' lifetime.
    Your question, Jack? Far too little. Far too late.

    September 7, 2010 at 5:01 pm |
  75. gail

    Yes, Obama is all talk no action. He shoud have been thinking about the economt this time last year. yes, it's far too late

    September 7, 2010 at 5:02 pm |
  76. Knick Maverick

    It's never to late when it comes to help Americans to get back on their feet & be productive. What America needs is a little patience & be realistic. The hole was deep as Obama has mention but, people think in 2 years things will get back to normal. 8 years of another administration problem to be fix in 2 years? It will take time & patience. You can thank Bush administration & the Republicans for that.

    September 7, 2010 at 5:02 pm |
  77. Mari, Utah

    Dear Jack,

    In case you were not paying attention President Obama has had an Economic plan since he took Office.

    Many people who are polled are not well informed they spend way too much time listening to AMRadio and watching Faux News.

    Our 401K is rocking! Have y'all checked your 401K recently?

    There has been good economic news, for example, that GM & Ford posted profits for the first time in years.

    That American Manufacturing once thought dead, is growing again!

    There is good news IF you look for it.

    Remember, folks, back when Reagan was president and "trickle down economics" was king, we had Twin Recessions of 1981 & 1982.

    And in 1983........ America's unemployment .......was............10%

    We have been through tough times before. But do not forget how we got here.......... the Republicans ran our economy into the ditch!

    September 7, 2010 at 5:03 pm |
  78. raymond j. lopez

    what ever the president tries, he can bank on 100% opposition from john boehner and the rest of the howdy doody republicans. the only problem with rep. boehner is if he does become house speaker as he wants, how will we ever get him out of the tanning booth and beauty salon?

    September 7, 2010 at 5:09 pm |
  79. Eric Potts

    Obama's plan was not too late due to the fact that he had to spend money on the Iraq War and deal with the BP mess. If people think that the economy will turn around overnight, there will be many despressed people nomatter who gets in Congress.

    September 7, 2010 at 5:12 pm |
  80. Remo, from beautiful downtown Pflugerville Texas

    Jack, it is nothing more than a political ploy. Spending money we don't have, on an economic plan that resembles the first failed attempt. Then the "net" results are barely on the map. The president has failed to help any of us that truely need help. Mortgages are dead, jobs are dead, stimulas money went to those who didn't need it. Banks are holding on to it, Wall Sreet is up to their same old tricks, and credit card companies have skated around restrictions. So, Jack I gotta ask you, do you feel better, I sure as hell don't. And as a side note to the president and all of his democrat friends that I voted for last time: Shame on me once, I'm not voting for you again.

    September 7, 2010 at 5:13 pm |
  81. Toni

    Yes it is too late! People are loosing everything they have while he and those cowardly Democrats just ignore the very same people who voted them in! Not one word on a tier 5 extension so we can pay our bills and keep a roof over our heads! He don't get it, but, he will after November!

    September 7, 2010 at 5:14 pm |
  82. Greg Who? Mechanicsburg, PA

    Yes. Sadly the man was preoccupied with two wars that Bush started and paid for by printing money without raising taxes. Obama forgot that it's the economy, stupid. He needs to hit the stump and hard to convince Americans that the Democrats are the party of action whereas the Republicans have been obstructionists with no plan of their own. If the Republicans gain the House we will see the economy tank worse than it is and depression, here we come.

    September 7, 2010 at 5:15 pm |
  83. Greg, Hamilton Ontario

    How can any problem be saved to late? What are you saying Jack? Sorry president Obama you took to long to solve all our economic problems for us so we are just going to quit? I thought you were a free country. That means you don't wait for the government to tell you what to do, you do it yourself. I always thought you Americans could take a punch but your actually a bunch of whinny cry babies waiting for the government to do everything for you. What a shame.

    September 7, 2010 at 5:16 pm |
  84. Ray in Nashville

    Jack,

    Once again we find out that it takes a long time to get out of this kind of mess. Read your history, the recessions of the 1800's, the great depression, the Reagan recession of the early 1980's: all of these took several years to get out of and all recoveries were driven by government spending. It's no small step and it's not too late as long as we're still struggling.

    September 7, 2010 at 5:19 pm |
  85. Minesh - Troy, MI

    Absolutely, Jack.
    Let us realize that this President has NO interest in improving the economy. All he wants to do is feed his buddies in unions, environmentalist-movement and trial lawyers.

    Then he wants to lie to American citizens that he is doing everything he can to improve the economy. Why did people believe him the first time?

    September 7, 2010 at 5:20 pm |
  86. Alex in Gig Harbor, WA

    Many economists agree the first stimulus was too small so two years later this is definitely too little too late. The GOP won't let this, or anything else, pass before the midterm elections so the economy will continue to sputter well into the foreseeable future. Why does the GOP hate Americans?

    September 7, 2010 at 5:21 pm |
  87. Scott Stodden

    I Don't Know If We The United States Can Even Afford To Fork $350 Billion More Dollars To Jump Start The Economy, The Best Thing We As A Country Can Do Is Stop Spending Immediatly, Make Cuts Where Neccesary And Raise Taxes! That Is The Only Way We As A Country Can Get Back On Track!

    Scott Stodden (Freeport,Illinois)

    September 7, 2010 at 5:21 pm |
  88. Brian

    Jack,

    If Obama passed anything more quickly, the right-wing whiners would say he was wasting taxpayer money without the right kinds of precautions. There is no way to satisfy the mass media and the pundits because then all of their bullhorn networks would go out of business once their fear-powered viewers stopped tuning in. Could you imagine a day without your doomsday questions and right-wing pundits talking about the end of America? I can't.

    Brian
    Boise, Idaho

    September 7, 2010 at 5:21 pm |
  89. ken, nj

    Obamas plan is not too little or too late it is wrong. Giving hand outs is not the way to provide jobs. The real reason there are no jobs is twofold. Investors are getting 0% loans from the fed to invest in the derivatives gambling casino instead of investing in things that create jobs. Hedge fund managers make money for themselves, benefit no one but themselves and pay a 15% tax rate while working class people pay 20-30%. Corporations get welfare and tax breaks for outsourcing jobs and importing cheap labor from mexico and india. Obama and congress have done absolutely nothing to change this scenario. Handouts will not provide any jobs it will just create a bigger deficit which can never be paid off. It may get some votes but it will not help the economy.

    September 7, 2010 at 5:22 pm |
  90. Linda in Arizona

    He was too timid to do what needed to be done when he had the political capital to do it. Yes, it's too late now. He'll never get anything passed.

    September 7, 2010 at 5:22 pm |
  91. John from San Antonio

    It doesn't matter how much money we stimulate the economy with. the end result is that it ends up in the hands of people who have no choice but to spend it on items made somewhere else, thus stimulating another economy.

    September 7, 2010 at 5:22 pm |
  92. Andrew

    Jack,

    I consider myself middle road American, a little liberal and a bit of a conservative. Obama dropped the ball after being sworn in. The first thing he should have done was do a tour of the country every state, with the Senior Republican and a Senior Democrat. Evaluate the economic situation, talk to the people, take notes. Have meetings everyday with Republicans and Democrats .. go through the budget one line at a time.. see what can be cut or saved. Healthcare should have been handled differently. Don't write legislation until you have a serious or one year of town hall meetings with the public. Have neighbors speak about their good and bad experiences with the healthcare system. Maybe a healthcare committee of 4 Dems and 4 republicans to draft Healthcare remove based upon the concerns of the public and results of town hall meetings. These 8 committee members would all agree on what to include in the reform bill... Obama should have been giving speeches almost everyday or once a week talking about America going together to clean our cities, rebuild small towns, invest in small businesses, new technology.. put together a challenge to all inventors, scientists , artists.. engineers to develop the next fuel source.. He just didn't follow through with "Yes , we can".. Now I really can't see a Republican doing what I've explained above either.. because they are equaling as retarded.

    Just vote for me 2016. Let me become the youngest President.

    September 7, 2010 at 5:22 pm |
  93. stephen Pagnozzi

    NO WAY! The dems have always had a forward and positive positions on how to create jobs. Unfortunately, most people don't have a clue on how our government operates. If you blink, the republicans filibuster, if we can't get 60 votes the republicans filibuster. Truthfully speaking, this country is going down fast, because the republicans are spiteful bastards, narrow minded idiots, and stupid overall. but not stupid enough that they can throw out all their venom of hate, and devisivness and convince those who are are not knowledgeable on how our govt. really works. Today, I'm ashamed to be an American to be in the company of such parochialism. In our midst, we have a man who is actually trying to do the right thing and we have thugs and stupids like limbaugh and Palin running their fowl(intentional spelling!) mouths and nothing is getting done because genuine good guy of color is at the helm instead of an Archie Bunker type!

    September 7, 2010 at 5:22 pm |
  94. David Wood

    It's all been a big waste of the citizens money. From the stimilus spending bills to the latest round, all a huge waste. If you want to jump start the economy, then give the tax payers their money instead of giving it to corporations/banks/government agencies. Give each tax paying citizen $20,000 in cash and watch..... Those in government are so out of touch...

    September 7, 2010 at 5:23 pm |
  95. Denny from Tacoma

    A potential solution that may solve our economic woes is never too little or too late.

    September 7, 2010 at 5:23 pm |
  96. Mark, Oklahoma City

    Plan? What Plan? This President said over and over during the campaign that he would create public works jobs rebuilding our nation's infrastructure and what has he done so far? Not a damn thing. As far as I am concerned he is just a Black Jimmy Carter.

    September 7, 2010 at 5:24 pm |
  97. birddog in Mississippi

    Jack, I'm getting sick and tired of deficit hawks like you. No, it's not to little or too late. Go ahead and raise taxes on the top 2%, actually don't – raise taxes for people making over $400K a year so the GOP stops screaming about the 3% of small businesses that would be affected at #250K and put in a new bracket for millionaires and billionaires. Then spend the money on infra-structure, increasing manufacturing, education, and some targeted tax cuts. We'll be fine if you all would simply realize that the long-term debt is determined by long-term tax cuts and long-term spending.

    September 7, 2010 at 5:25 pm |
  98. Nell, South Carolina

    No. It would be better if there were more and earlier, but the Republicans in the Senate have blocked much simulation of the economy. Read about how FDR brought us out of the depression of the 1930s. FDR pushed for the same kinds of stimulation that President Obama wants and the Hoover Republicans blocked most of it until the 1940s.

    Those who don't know history are bound to repeat it.

    September 7, 2010 at 5:26 pm |
  99. Kirk (Apple Valley, MN)

    So what better plan do the Republicans have other than their mantra of "CUT TAXES! CUT TAXES!"? The economy is in the tank and it isn't Obama's fault! He has been trying to find ways to get things back on track, but all the right wing can do is scream and cry, "SOCIALISM!"

    September 7, 2010 at 5:27 pm |
  100. Eric

    Uh Jack, first I have to ask, "What economic plan?"

    You mean Spendulus 2.0?

    September 7, 2010 at 5:28 pm |
  101. Arnold MI

    Yes, it is too little too late for the November election, but it may benefit the 2012 elections.

    The President should add this to his economic agenda if he really wants to kick start the economy.

    [1] Raise the capital gains tax to 40%. A 50/50 split of this tax for the US Treasury for deficit reduction and the other 50% for SSA Trust Fund.
    [2] Next, tax all "tax deferred" investments over $100k on a per individual.
    [3] Once items 1 & 2 are implemented, the wealthy will begin spending money so fast that the only problem the government will have is slowing the economy down.

    September 7, 2010 at 5:28 pm |
  102. ben stockton, calif

    yes, it may be too late, but i see no nuts and bolts plan from the gop. voters in november will decide the outcome anyway. what i would like to see most all incumbents voted out of office and have a 3rd party in there to see if they can fix some of our problems. were stuck with the same people time and time again with the same results. a lot of these old politicians only run to build up their war chest and retire rich. look at robert bird. old stale politician without fresh ideas. same-o, same-o. c,mon america , lets vote out these lifetime potiticians and get some fresh face in there. we also need term limits to fix this problem.

    September 7, 2010 at 5:30 pm |
  103. Eve Lemon

    No. It took 6-7 years for Bush to bankrupt this country, like he bankrupted two oil counties in his early years. I'm just surprised the US is in as good a shape as it is. Obama, or anyone else, cannot turn this trainwreck around quickly. Granted, O oversold himself, but people should have had the sense to expect the reality of the Bush economic debacle. Eve, Texas, an Independent for 25 years..

    September 7, 2010 at 5:32 pm |
  104. Chad from Los Angeles

    He just needs to emphasize how much he just saved the economy by pulling troops from Iraq. Tell us how much cutting back on the military is saving us, and spending more money on our economy would look more attractive, in that context.

    September 7, 2010 at 5:33 pm |
  105. Paul Round Rock Texas

    Sure it is to late Jack. Bush should of done it years ago not to blame him but his administration. When a President steps in it is always to late.

    September 7, 2010 at 5:34 pm |
  106. Griff

    "He doesn't have a plan! He never had a plan. He wings it with the aid of his Script-Writer, and his Mobile. It's fed to him like porrige."

    September 7, 2010 at 5:34 pm |
  107. Layne Alleman

    Jack, It was "too little, too late" when he picked his "Team of Economic Advisers" at the beginning of his administration. Hiring the same knuckle heads that helped bring this country to it's knees was just such a good idea, don't you think? These guys would mess-up a piggy bank with five dollars in it. Till they're gone, and someone like Elisabeth Warren is in charge, we're screwed. Layne A. Antioch, Il.

    September 7, 2010 at 5:35 pm |
  108. Nurse Lisa

    The President doesn't craft legislation, he signs it. Ok so he can propose ideas – but since every Dem jot and tittle is analyzed ad nauseum or simply opposed on general principle, or filibustered – it often takes far to long for him to get any credit for the many strides he'd like to make. The "Obameter" is showing just how many promises he has kept or that are in the works no matter what gets reported.

    September 7, 2010 at 5:40 pm |
  109. John Thompson, Pittsburgh, Pa

    After Hearing Obama's speech I will definintely vote Democrat in November. Obama never promised to change things over night, he only laid out his plans for what he wanted to do. Obama already told us that it would get worse before it gets better. Obama is just more realistic that the GOP.

    September 7, 2010 at 5:44 pm |
  110. Lawrence

    Yes, this is a good plan.
    The unemployment is not the responsibility of small business. Major corporations are experiencing increased profits and yet they see no need to rehire those persons laid off. Why are you "the 5th Estate" not talking about the rise in corp. mergers and the lack of business expansions. Has anyone considered that many of the jobs of the last century will not return in the 21st. century?

    It is easier to incite and provoke others to blame Congress, the President, the Democrats, and Republicans than it is for CNN, IBM, Delta, Coke, GM, Bank of America, just to name a few, to encourage their venders to create jobs. Why not turn to the government...everyone else wants to complain...then talk about rising profits.

    September 7, 2010 at 5:47 pm |
  111. jeff

    We need to help 3 million businesses and companies that have millions of workers. How does building a road in Maryland help my restaurant in Missouri? The uncertainty of how much health care is going to cost me and the uncertainty of taxes to pay the huge growing debt has all businesses and companies holding onto their money and not hiring. Building a railroad or remolding an airport will cost me money NOT help me!

    September 7, 2010 at 5:48 pm |
  112. ~BEVERLY~Mystic,Iowa

    It's never too late. The Recovery Act would have been considerably more substantial, if not for the self-proclaimed Party of "HELL NO!!!" The President's intent was to invest much more into the recovery, as all economists advised, but AS USUAL, Republican'ts got in the way. If they wouldn't have opposed it, we would be in a much better place right now. of course, we're not really in a BAD place, because the worm has turned. Democrats, (NOT blue dogs), have brought us out of a deep Republican-caused recession, & we can now boast that more than 90% of Americans now have a job!!! That's IN SPITE OF Republican'ts. The President said that he would get our economy & our Country back on track, & that's exactly what he's doing. He promised to do it during his first term – extremely optomistic – but he turned things around in just a few short months!!! INCREDIBLE!!! GOD BLESS YOU, BARACK OBAMA! .

    September 7, 2010 at 5:51 pm |
  113. Jeff In Minnesota

    Plan? What plan? The President is just tossing stuff against the wall and seeing what will stick. FDR tried this in the Great Depression and when the funding ran out, so did the jobs. The only thing that will get us out of this situation is good old fashioned R&D that becomes products like the products that resulted from the space program such as the microcircuit, fiber optics and the like. Only this time we need to focus on how to cleanly generate and efficiently store and distribute electricity since that is what we need to power everything. Unfortunately, we do not produce enough civil/electrical/mechanical engineers any more because there is no money in it. We sold ourselves short the last 40 years and focused on financial advisers, lawyers and personalities, not people who can actually deliver products. China and India are leaving us in the dust in this area and our crack leadership is just letting it happen.

    September 7, 2010 at 5:54 pm |
  114. katiec Pekin, IL

    It is a wonder our president accomplishes anything with the republicans, you, the media constantly spewing negativity, downgrading everything he has done or is attempting. Your republicans have obstructed everything, voted no on all policies to help our country's survival, tout propaganda, lies, hate and fear alll for the sake of power and winning this next election.
    Are you running out of words to spread your bias, Jack, as you have used too little too late before? You appear to be in competition with Limbaugh, Beck etc with your right wing stance.

    September 7, 2010 at 5:57 pm |
  115. page

    Sounds like a plan....six years down the road...what about today, tomorrow and next month..if your out of work ..your out of work today..

    September 7, 2010 at 5:57 pm |
  116. Cy Gardner

    Why don't we give the Republicans a chance? Let's cut taxes for the rich, allow corporations to do whatever they want, cut taxes for the rich, interpret the Constitution to mean that only rich, white business owners have any rights, more tax cuts for the rich, treat consumers like low level employees and treat employees like cattle. Oh, and tax cuts for the rich. Wait, didn't we try all that for the first eight years of this century? Didn't it work out badly? Does anyone in this country have an attention span? cy gardner, arlington, va

    September 7, 2010 at 5:59 pm |
  117. frankie

    Compared to what? I think President Obama has gotten a lot more done than the "conventional idiocy" wants to admit.

    September 7, 2010 at 6:00 pm |
  118. Mike in St. Paul

    So now that he is going to cut all those taxes, there will be less money coming in and make the deficit even bigger, in which case the Republicans will accuse him of spending too much and call him a socialist. I'm signing off until after November. S'long, Jack.

    September 7, 2010 at 6:00 pm |
  119. Jerry Driskell

    When he's spending my money it's never "too little". Maybe Mark Twain put it better; "Facts are stubborn, but statistics are more pliable."
    JerryinGA

    September 7, 2010 at 6:01 pm |
  120. Nancy, Grand Ledge, MI

    I have been a Democrat all my life, but I have had it with all the political games. I don't want to vote for either party. I'm ready for change, and the Obama administration has failed to deliver. I've been telling the White House and my representatives for the past two years, that it's all about jobs. No one was listening! Now the election is near and they're suddenly worried! They should have been worried when they started shipping our jobs overseas! We don't make anything anymore! Until they fix that nothing will get any better!!

    September 7, 2010 at 6:05 pm |
  121. Karl from SF, CA

    Yes, and it’s what they get for trying to appease the unappeasable Republicans. Real economist said it has been too little and now it’s too late. I can’t wait until the Republicans tell us how they plan to fix everything that they demolished in the first place. Those tax cuts for the top 2% sure worked well for the Bush Administration, didn’t they? Do I hear the Republicans flushing our economic toilet as I type?

    September 7, 2010 at 6:06 pm |
  122. cal

    Yes It's like locking the safe after the money is taken.

    September 7, 2010 at 6:06 pm |
  123. Norm

    Too little, too late! Unemployed scientists and engineers don't want to build infrastructure either.

    September 7, 2010 at 6:09 pm |
  124. Bob in Kansas City

    I can't really say if it too little too late, but one thing I know is the party of NO isn't even on my radar screen, they never lifted a finger to help with the problems we've had lately what makes you think they'll be any different this time around.

    September 7, 2010 at 6:13 pm |
  125. jim

    Obama needs to back off and just wait until Republican take over Congress. The he can become the President of "NO" and shoot down everything they pass. If being the Party of No works so good for Republicans then it should work wonders for his re-election.

    September 7, 2010 at 6:13 pm |
  126. Rich McKinney, Texas

    Saying you have a plan does not make it a plan Jack. This will be just be more money we have to borrow from China. Only in America.....

    September 7, 2010 at 6:14 pm |
  127. calaurore9

    No, too little vision. Too little strategy. Too little leadership. And late.

    Carol in Massachusetts

    September 7, 2010 at 6:16 pm |
  128. mike

    It is never too late to do something about the economy, but I will agree that it is too little. We have three things crushing our economy. The national debt, unemployment, and frozen credit. I think what is needed is a hording tax. If a company is posting a profit, and letting workers go, they should be taxed a non-refundable tax equal to the salaries of those they let go. If a bank is showing an increase in profits and is not increasing the amounts it is loaning they should pay a tax. I am all for earning wealth but if a company hoards it, and does not use it, time to tax it so it can be put back into the economy.

    September 7, 2010 at 6:16 pm |
  129. John, Fort Collins, Co

    Although I voted for him, it appears President Obama himself has turned out to be to "too little, too late". Had he started out with job creation stimulus funding on his first day in office rather than a full scale push for the abomination that was passed as a Health Care Reform bill, the butterfly of life might have landed on his shoulder. But he didn't, and the butterfly has long since moved on.

    September 7, 2010 at 6:16 pm |
  130. Cathy in Alabama

    Obama's "infrastructure" proposal is nothing but another giveaway to the unions. If the Democrats would stop pandering to them, things would immediately start improving.

    September 7, 2010 at 6:17 pm |
  131. Diane Dagenais Turbide

    Not at all but not enough! This is a multi diverse infrastructures and business plan to rebuild America for the 21st century but more tax cuts and incentives needs to be passed for the small and medium enterprises the actual job creators!

    September 7, 2010 at 6:17 pm |
  132. Carrie

    Jack,
    Nothing can be "too late" when it comes to our economy. I'm sure many people thought the depression caused our situation to be "too late" for any help. I refuse to give up hope that America can pull out of this slump, and I refuse, just as ardently, that it can be done in any other way than a truly bi-partisan initiative.

    September 7, 2010 at 6:18 pm |
  133. Michael

    Of course it is! Do we still believe Horton heard a who?

    September 7, 2010 at 6:18 pm |
  134. Dan

    Way to late, instead of bailing out his Union buddies with the first bail out, these guys are why are jobs are out sourced because of their greedy wages. We should have used half of the first bail out on small businesses or the old WPA program..make people work instead of standing in a line....

    September 7, 2010 at 6:19 pm |
  135. Sheila

    Yes, Obama's $350 billion jobs bills will directly improve jobs. The $1.7 billion spent on people who make over $250,000 will not.

    September 7, 2010 at 6:19 pm |
  136. Dave Mason (Chicago)

    Jack, there's nothing President Obama or the Republicans can do. The housing boom was created by fraud and the only way to rebuild the economy is to let house prices fall and let the economy reboot. It will be very painful and more jobs will be lost, but it's the only answer. There is no magical solution.

    September 7, 2010 at 6:20 pm |
  137. Mike

    Well of course it is Jack. Obama's grand plan to transform America
    into his own vision is a lot different than the plan that regular Americans had when 'they' voted for him. (I admit I did not). A gargantuan government with a reduced (almost invisible) economy was not what we had in mind. It's a shame Obama does not approach America's future with the vigor he had while campaigning. A darn shame!

    September 7, 2010 at 6:20 pm |
  138. Jeff

    That's a great idea! When the economy is bad... throw money we don't have at it. When the economy doesn't get better... throw even more money we don't have at it. My only solace is that come 2012, we'll hopefully see a new President in office.

    September 7, 2010 at 6:20 pm |
  139. jim

    Maybe he should get together with Republicans and offer up tax cuts and start 2 unfunded wars. It worked for the last President.

    September 7, 2010 at 6:20 pm |
  140. Sue from Charlotte

    Jack, Decades ago it was the "Know Nothings" , now we have the "Do Nothings". It's easy for you and the Do Nothings to sit comfortably in your newsroom criticizing whatever actions the President proposes. Tell me Jack, what would you do?

    September 7, 2010 at 6:20 pm |
  141. Cierra

    It is never too late to try and stimulate this frail economy but it may be too late for the president to gain support for another spending plan.

    September 7, 2010 at 6:20 pm |
  142. Jeremy D

    from Traverse City, Michigan.

    Yes, it is far too late. The first stimulus was a complete FAILURE on Obama's part. We don't need to spend even more or our grandchildren's money! This money isn't free. Please stop the insanity.

    September 7, 2010 at 6:21 pm |
  143. Alex in Wisconsin

    I believe that it won't work solely because the people we depend on to do the hiring are instead, banking the money to keep people upset so that their pals in the Republican Party can get back into office. With Republicans in charge, Big Business can once again overprice services while underpaying workers. The fact that they send the billions in savings to their executives' offshore bank accounts is just an added bonus.

    September 7, 2010 at 6:21 pm |
  144. M

    Not only is it too late to start working on fixing the economy, it is also too late to keep putting the blame on Bush. The economy should've been Obama's number one priority from day one. As each day has passed, more and more people have been facing hardships. Both parties need to be held responsible. The two parties need to stop working to further their own agenda and instead need to work for the people.

    September 7, 2010 at 6:22 pm |
  145. suzi

    NO. I don't believe in any media's polls. They can take a poll in any area and get the count that they want. They take a poll using phone numbers, knowing what answer they are going to get. Be fair.
    I would hate to see Republicans get control again, it would be much worse than Bush and Cheeny. If the Obama administration got the great Media coverage as the teepotty and company does, it would be great. We don't stand a chance. I will vote Democrat and hope you do too Jack.

    September 7, 2010 at 6:22 pm |
  146. Flyingwolf, Manchester NH

    Pres. Obama's economy policies are not too little too late–that would be like changing deck chairs on the Titanic. Instead, the Pres. is trying to back the Titanic ( which had about the same manueverability as the economy) out of the ice field while the Republicans keep blocking his rear-view mirror.

    September 7, 2010 at 6:22 pm |
  147. Mark Drozd

    It maybe too little but It's never too late.

    September 7, 2010 at 6:22 pm |
  148. Gwen Caranchini

    Americans want it all–jobs, but no debt; change, but don't let it take too long and no pain please. They would rather vote for Republicans who have said for two years now–just say no to more debt and change–because that's what they want to hear: we can have it all which mean no new taxes but by the way I want health care and a job and my McMansion. I'm 62 and going out to knock doors fo Obama this fall–I like having a thoughtful President who has thoughtful solutions but does not promise no pain. Remember what we heard as kids? No pain no gain. Think about it.

    September 7, 2010 at 6:23 pm |
  149. Roger Harwood /North Carolina

    No, not too little too late.......more like too MUCH too EARLY!

    September 7, 2010 at 6:23 pm |
  150. CeeCee

    Of course it's not too late. To say it's too late is to say that our country and our economy are hopeless.

    When what you're doing hasn't worked you don't give up and go home. You keep working at it until you fix it!

    September 7, 2010 at 6:23 pm |
  151. Name*Richard nash

    How can you have any economic plan without a budget?

    September 7, 2010 at 6:23 pm |
  152. A.B.

    Jack, it is not too late for President Obama to try to turn the economy around via his proposed economic stimulus plan. The economy has in fact, bottomed out, despite claims to the contrary.Trends have no where else to go but up and are. The problem is that the improvements are just not fast enough to head off projected Democratic house losses. But I believe that those losses will be reversed in 2012 and Obama will be relected once the economy reaches full recovery and starts humming.

    September 7, 2010 at 6:23 pm |
  153. Barbara in Las Vegas, NV

    First of all, Jack (and Wolf), as to Wolf's question about "who are the happiest 18% re: the economy," perhaps the folks who benefitted from the billions (trillions) of dollars in Bush tax cuts (that, by the way, had no built-in "pay back" mechanism, what with being part of the Bush era). As to your question regarding the President's "new stimulus" funs being too litle, too late, let's see...how many years did it take the old Texan to drive this economy off the cliff. Further, how many years before that were American manufacturing jobs being shipped overseas (i.e, that did not happen during the last 20 months aka Pres. Obama's term to-date). I'd say that if the President did nothing at this point, the media and of course, the Republicans would be taking orders for different ways to serve him his head on a platter. When the guy speaks, they say he is "too lofty"...when acts, the peanut gallery moans and groans. Add to that that Republicans in Congress say "NO" to everything based on politics over principle and the deck seems stacked, no matter what he does.

    September 7, 2010 at 6:23 pm |
  154. Linda Naton-Florida

    I think it's just a political ploy because the democrats are so behind in the polls. He concentrated on Health Care instead of dealing with the most important problem JOBS, jobs Jobs! We need to get this country back on the right track where people have confidence in Congress. It's going to take a Miracle to accomplish that!
    President Obama has not governed. He was elected to office because he campaigned on Change and has never gotten out of the campaign mode. I would not vote for him again.

    September 7, 2010 at 6:23 pm |
  155. Melvin Farris

    Too Late........? Hell he never even caught the bus to make it here.
    Been a life long Democrat. When the democrats had total control,....they turned into a pack of rats all scrambling around for themselves.
    I believe Obama is a good man,.....but to weak.
    Too bad we are not announcing our president as Madam President Clinton.
    She would of kicked butt and taken no crap from either the democrats or republicans.

    September 7, 2010 at 6:24 pm |
  156. DH

    Yes! If he's doing it to offset any effect in the midterm elections, he's very late. It's like firing the gun when the horse is already gone through the gate. I am pretty sure he knows Republicans will never let him get that through the congress; unless he give Rep. Boehner a lap dance.

    September 7, 2010 at 6:24 pm |
  157. Rosa

    Jack: If we so blind ignore how the Republican have blocked every Obama initiative, then we deserve to have a Congress controlled by the Party Of No. It is a fallacy to say that Democrats control the Congress. As you we don't have enough votes to pass meassures that could help the unemployed.

    September 7, 2010 at 6:24 pm |
  158. Michael -Oklahoma

    Of course its not. Do we still believe Horton heard a Who?

    September 7, 2010 at 6:24 pm |
  159. jeff

    Its like the nineth inning in a ball game,hopeing to hit it out of the park, But sorry its De ja vue all over again

    September 7, 2010 at 6:25 pm |
  160. Sharon Davis

    Jack, what I believe is that you present your questions in such an obviously conservative slan that I see no value in your spot...What has happened to just asking a question and letting your audience respond without presentation being slanted toward one point of view. I generally have now begun to changing the channel or turning the sound down when in the car whenever your spots are featured...I like my news reporting to be just that reporting...by the way I don't watch the liberal talking heads either...enough of talking heads ...we need unbiased news...period!!!!!!!!!!!

    September 7, 2010 at 6:25 pm |
  161. Jim Blevins

    It is pretty minimal, but it is probably the most that we can get Congress to pass. What is the alternative? The republican plan has been proven to hurt the economy except for the very rich and perhaps a few people who do better in a poor economy (such as repair). The problem is that this is the best that the best minds can devise. If the economy is proving hard to speed up what do you do? the best that you can come up with or the nonsense that the Republicans have already tried and failed with. The economy is getting better, the need is simply to speed it up. On the other hand, we can go back to the Republican nonsense, drive the economy into a total depression and then maybe more people will be convinced.

    Jim, Craig, CO

    September 7, 2010 at 6:25 pm |
  162. Tyler

    Jack,

    At least Obama is trying to do something. Last time I checked congress and the Republicans don't seem to be actively doing something. The Republicans seem to have no problem complaining about Obama and the state of the country, but I must have missed the bills they have worked to pass to make things better. I hear a lot of complaining and not any doing. Sounds like 8 years under the Bush administration . . . I must have missed the attempt to work with Democrats to make things better. It is a two way street Jack, and at least Obama is willing to do something when it happens is not as important as the fact that it is happening.
    How do you decrease the deficit and decrease taxes? Seems like the only answer for the Republicans is to cut taxes for the rich so they can create jobs . . . . . isn't that what was suppose to be happening this entire time when we have had the Bush tax cuts??? Where are the jobs? We cut taxes for the rich, and they put the profit in their pockets and then start a new factory in China so they can gain more profit share. No economic plan is too little too late, but it needs to add an element of "Buy American" and tax those more that send jobs over-seas. But that is just my opinion.

    September 7, 2010 at 6:25 pm |
  163. M from Ohio

    Not only is it too late to start working on fixing the economy, it is also too late to keep putting the blame on Bush. It has been almost two years since Obama took office and the economy should've been his number one priority from day one. As each day has passed, more and more people have been facing hardships. Both parties need to be held responsible. The two parties need to stop working to further their own agenda and instead need to work for the people.

    September 7, 2010 at 6:25 pm |
  164. Rose Moore

    According to whom? More talking heads who love to hear themselves
    blather and or the opinions of.station owners ... Jaded as they all are?

    September 7, 2010 at 6:25 pm |
  165. Tim in Texas

    The Democrats should introduce one of these bills every day from now until the election. Watch the GOP squirm. They've been blocking extensions of unemployment benefits, they are currently blocking tax cuts for small businesses. How long until you all start reporting on what the GOP is refusing to do to help the middle class, the economy, and the country? They'll vote against anything because they would rather see the economy fail so they can blame it on the Democrats.

    September 7, 2010 at 6:26 pm |
  166. Cameron SF, CA

    As I like to say "a day late; a dollar short"....we'll be saying that for some time.

    September 7, 2010 at 6:26 pm |
  167. daniel

    Even Chris Matthews warm feeling up his leg has gone cold. This isn't so much a plan as it is just another poorly thought out reaction to not having a clue in what to do in the first place....spending our way out hasn't worked and won't. I know everyone always brings up how Bush got us into this, but what about the democratic congress that was in the majority during that time. They didn't work well with Bush and they certainly haven't done Obama any favors. Thats why the push for term limits is so popular.

    September 7, 2010 at 6:26 pm |
  168. Julie

    Jack....could you please see the glass as half-full ! Apparently about 90% of us are doing ok, we're just afraid because the news keeps telling us how afraid we should be. As our consumer confidence grows so will our economy.

    September 7, 2010 at 6:26 pm |
  169. Jim from NY

    The President was criticized for taking on 'too much, too soon' in 2009. The President told us during his run for office that there would be 'no quick fix' to the disaster he inherited. Doesn't anyone remember the Dow falling 2,000 points in one week (just before President Bush's $800 Billion TARP 'bailout?

    Sure, things are not great now, but we are seeing a glimmer at the end of the tunnel...and NOW people want to give the keys back to the do-nothing, 'party of no', Republicans? Did anyone think it would be 'all better' in just two years? Too little, too late? Hardly, Jack. This is a president who responds with calculated calm, not Cheney buffoonery.

    September 7, 2010 at 6:27 pm |
  170. Mike

    Jack:
    Its all about jobs! Why not create incentives to bring back work from China and elsewhere. China has gamed the currency system so a little payback is appropriate.
    Direct labor is usually less than 10% of product cost. If american industry were to implement lean manufacturing practices and reduce manufacturing cycle times, the reduction in inventory and shipping cost along with some incentive could help turn things around.
    Jobs are a trailing indicator, demand must be stimulated first. By moving the demand built overseas currently to US production, we would stimulate manufacturing demand in the US and the need to hire more workers and effectively restart the econpmy.

    regards
    Mike

    September 7, 2010 at 6:27 pm |
  171. Kate from Phoenix

    The president is sending a golf cart instead of an ambulance to pick up a car full of bleeding people who are lying by the side of the road. I don't get it. I don't get Obama's advisors. The only rationale I can come up with is that they continue to be well paid, as do all their friends, and despite the "feel your pain" speeches, they somehow think that these long, dragged out solutions will work. Sure I like the idea of better roads "someday," but right now I'm one of those lying by the side of one bleeding.

    September 7, 2010 at 6:27 pm |
  172. Joe - Utah

    Obama's economic plan is neither to little nor to late. The problem with his plan is that it doesn't work. It is making the economy worst instead of better. It almost seem like he has no understanding or economy training at all.

    September 7, 2010 at 6:27 pm |
  173. Sue from MI

    Pres. Obama could never get it right in the eyes of a Republican, if he would of done anything sooner it would of been too much too soon.

    September 7, 2010 at 6:27 pm |
  174. Dennis Delrow

    The best thing the President can do for us now is open up the Natl. Parks vacant federal bldgs. and other federal properties for the unemployed and homeless. The president can order federal lunch rooms and commissaries to donate leftovers to the Salvation Army and other service organizations. Stop calling for jobs! It ain't going to happen for many years. The situation now is bleak for many Americans and other solutions to immediate needs has to be found.

    September 7, 2010 at 6:27 pm |
  175. Victoria

    No one can accouny for the first round of stimulus monies....are u kidding me...One Big A$$ Mistake America!

    September 7, 2010 at 6:27 pm |
  176. Angela, Tennessee

    Dear Mr. President,
    What the hell are you thinking!

    September 7, 2010 at 6:27 pm |
  177. Richard Curren

    Its easy to criticize the president for the economic catastrophe, but it's also unfair. Bush has proven what republican policies can do to a surplus and a growing economy by handing over a collapsing economy and massive debt. The stimulus created over two million desperately need jobs. This new stimulus will create one million more. it would be nice if there were a switch to undo the bush disater but there isn't one. We have to put people back to work before we can pay down the debt. We will have to dig out of this hole and it will take time. Lets not return to the same policies that put us here in the first place.

    September 7, 2010 at 6:27 pm |
  178. Dee, New York

    It is late at the very least. What were he and the democrats doing when we ran over the rumble strips on the way into the ditch? I don't recall them doing anything to head off the mess that we are in, while they had power during the last two years of the Bush administration.

    September 7, 2010 at 6:27 pm |
  179. Dani

    Jack
    you got that wrong
    18 percent who thinks economy is good are not drug dealers
    they are the goverment workers and fat cat bankers that received
    the monies that i haven't made yet to pay

    September 7, 2010 at 6:28 pm |
  180. T.L. - Kansas

    Jack,

    Too little....too late? DUH......

    At least 75% of voting Americans NOW realize who this person is....who he is truly is. What a disappointment it must be for even Hillary supporters to NOW know what she really is too. Pray for this country and that is not....... too late.

    September 7, 2010 at 6:28 pm |
  181. kmb

    It is not a matter of on time or too late, it is attempt to counter balance the fact that his wife (the real white house crasher) is spending the country's money like a rock star and the "We the People" are pissed. As far as I am concerned I have No president or first lady while the "posers" are "getting theirs". I would hate to be them when Karma catches up to their butts. Good luck with that cause and affect!

    September 7, 2010 at 6:28 pm |
  182. Jen Smith, Nevada

    Not too late; voters want to know the strategy, we expect setbacks and difficulties, the economy is a major problem that requires serious discussion, not more mindless political bickering.

    President Obama is having a wake-up call but it’s not what you think; he has been underserved by the Federal Reserve which has shown little regard for its responsibility for creating full employment. There has been no real strategy from the Federal Reserve toward employment, and I believe Obama trusted the Fed to do their part and they did not.

    September 7, 2010 at 6:29 pm |
  183. T.Dooley

    Jack:

    Ok everyone is unhappy with the DEms and wants them out of office. What is the Republican plan? You don't have the guts to ask a Republican Candidate what they want to cut in Federal Spending! Who's Ox gets gored by Mr Sun Tan's (John Boehner) economic plan?

    September 7, 2010 at 6:29 pm |
  184. Michaela

    In my small town in Ohio the stimulus is redoing at least 10 blocks of road reconstruction that will last those workers for at least 2 years thats something the republicans don't offer they have voted no on every issue presented to them Americans had better wake up all the jobs that went oversees was during the republican reign starting with Taft in Ohio. I'm for Obama I don't know how Americans can expect him to accomplish anything with Bohnor saying hell no remember it took the republicans 8 years to make this mess Obama needs more time and I'm willing to give it to him and the Democrats in the house and Senate if the republicans get it I see nothing but doom and gloom and more wars.

    September 7, 2010 at 6:30 pm |
  185. Rosemary

    I don't think it's too little to late nor the best or worst that we can do. Right now we are hemorrhaging from several wounds and he just has to keep putting on tourniquets at each spot to try and stop the flow. If he had all the answers most of the nation probably still wouldn't want to listen-the Repiblican and media do a good job of creating negative spin.

    In addition to the current measures being proposed, I think the Senate and Congress should join the common folk and take a cut in pay–let them feel a little tightening of the belt and perhaps they could work better together!!

    September 7, 2010 at 6:30 pm |
  186. Dave from Ogden Utah

    I think the plan is a joke. I suggest that for the estimated 50 million workers over 50 yrs old that we give them all a million dollars. The stipulation being that they have to quit their job.Buy or pay off their home and buy a new car. This would open up the housing market boost the auto industry and create 50million jobs. Total cost 50
    would be 50 million dollars. Dave Ogden UT.

    September 7, 2010 at 6:30 pm |
  187. Guy from Hawaii

    If anybody believes the economic mess could be cleaned up in a couple years then they are delusional. The Democrats are not at fault but they need to stop blaming the Republicans and the voters need to avoid the knee jerk reaction of voting the Republicans back in! It's been far too long but it's not too late. I am an independent but I define the Democrats as more "inclusive" and the Republicans as "exclusive." By definition in our own constitution our country needs to be "inclusive" regardless of how difficult that may be.

    September 7, 2010 at 6:31 pm |
  188. Rob Romano

    This morning I was watching a morning show that featured Gov. Christie as a guest. When the questioning began I really thought the pundits were going to go after him, however, as far as I could observe there was no pursuit.

    Why is it that pundits and republicans alike can torment Pres. Obama for what he's trying to do, criticize him at every turn and rip him to shreds when he refers back to what he inherited from former Pres. Bush, on January 20, 2009, which was 8.1% unemployment, a recession and two left over wars.

    Conversely, Gov. Christie took office January 19, 2010, and at every opportunity he refers back to the plight he inherited from his predecessor and nobody on the show said a word and/or called him on it.

    I kept waiting for someone to pursue this with the Governor, yet, nothing.

    So this November we can look forward to more travesty's such as Enron, WorldCom, Tyco and Bernie Madoff's; all of the aforesaid I believe were republicans and more corruptness on Wall Street –

    September 7, 2010 at 6:32 pm |
  189. Ana Maria

    NO, its not too late! The saying, " better late then never." Giving up is, worst then not trying at all. Isn't that what we teach our young children. Lets stop fight among each other (politicians) and make this a better country.

    Ana Maria
    Oceanside, Ca

    September 7, 2010 at 6:33 pm |
  190. Tammy from Ca

    I wouldn't say too little too late. We spent ALOT but it did TOO LITTLE.
    Their new plan should have been the original plan! Infrastructure, roads and railways etc. I voted for him, still like him, but I'm exasperated by the whole thing.

    September 7, 2010 at 6:33 pm |
  191. Nancy, Tennesee

    It may be too little too late for the big picture, but if your camera is zoomed in on the November elections, it's just in time. The Democrats are going to take a big hit if they can't spark some hope that the economy under their supervision is going to get better and soon. People without jobs are suffering. Their suffering touches more than just their immediate family. Grandparents sacrifice because they can't see their grandchildren doing without the necessities. A lot of people's lives are being touched in this bad economy. The Democrats have to act like they care and know what to do.

    September 7, 2010 at 6:33 pm |
  192. Sabina in Goshen

    If this were only for small businesses I would love it. The huge companies like AIG and Citigroup, among others I can't think of now, don't deserve a cent. They are the reason there are no jobs here in the USA. The small businesses and the small farmer get very little and they are folding like tents in hurricane. Big Business is the root of all our evils, why should we bail them out.

    September 7, 2010 at 6:35 pm |
  193. Joe

    anybody who bad mouths the president is a rep. let the guy do his job just like Bush did ,which all he did is go gulfing and buy expensive china when he was supposudly running this contry.Obama at least makes an effort to help the economy instead of pretending he cares like Bush did!!

    September 7, 2010 at 6:39 pm |
  194. Luis

    Yes Jack it is to little to late. At this time the USA needs to move forward. We now need to establish the new Republican ideas. Eliminate social security and medicare, let the working unsophisticated put their money in 401k's so that every six or seven years the big shots in wall street can steal their money. Repeal the new health care bill and give the rich more tax cuts. Attack Iran since we need another war to stimulate the economy. Imagine the amount of money we can save by doing all of this, we won't even have to worry about the death panels anymore since many people won't make it to old age. God bless the new good old USA.

    September 7, 2010 at 6:39 pm |
  195. Vern

    Jack,
    I cannot believe that you and Wolf are amazed that over 18% of Americans think the economy is good. Think about all of the Federal Government workers like myself who lives in Virginia who have a good job and wage. Also, think about the citizens of states like North and South Dakota (where I used to live) with their under 5% unemployement. I don't think 18% is out of touch.
    My opinion is that President Obama's economic plan is not too little, however, I agree that it is too late. This is the type of plan that should have immediately followed his Stimilus Plan.
    Remember the Public Works plan that brought us out of the depression.

    September 7, 2010 at 6:40 pm |
  196. CeeCee

    The republican'ts are trying to blame the poor economy on President Obama when it was their policies of deregulation and incompetent regulation that put us into the ditch.

    Roosevelt helped pull us out of the Depression but if he had taken over in 1930, a few months after the Depression began rather than three years later, republicans would have tried to blame FDR for creating the Depression. As it was, Hoover couldn't skate away from responsibility.

    Roosevelt in 1930 would have averted the 25% unemployment that is our history. But just like today, America would still have experienced high unemployment and suffering before the president could fix the mess his predecessor created.

    September 7, 2010 at 6:41 pm |
  197. DH

    The President is so late that I think he will have a better chance of getting California to legalize marijuana. His proposal is as late as US Airways flight 2188 from Washington Reagan National airport to New York's LaGuardia airport which was late 100 percent of the time in 2007 according to the DOT.

    September 7, 2010 at 6:45 pm |
  198. paul

    he gave the banks money then ask them to give loans ( too late.
    he asks for more stimulus to buy votes while the 3rd world refuses to let the u.s. up off the mat...too late and spent (once again) in the wrong places..he still thinks spending on road like they did back in the 1930's is a good idea.

    September 7, 2010 at 6:45 pm |
  199. MIke in TX

    If Congress would do the job we sent them to do it would be something both sides could show to the voters in a couple of months but that won't happen. The folks like John McCain that has huge accomplishments won't talk about them prefering instead to run 100% negative campaigns and won. The ones that have said look what I've done for you and tried to run a campaign we want to see are losing. Having any accomplishment to take to the voters won't get them anything so they are on vacation until they start campaigning. To bad really as we need the help that they could do.

    September 7, 2010 at 6:47 pm |
  200. JimGreen, Seguin, TX www.Inclusivism.org

    Jack it is too little, too late because Obama was sold a Bill of Goods– HR 2847 – is warmed-over Reaganomics—grease the palm of our corporations—they will give everyone a job in the corporation—and we will all live happily ever after—IT IS A FAIRY TALE! And it looks like it is going to cost the Democrats the House, and possibly the Senate! Will they ever learn?

    September 7, 2010 at 6:48 pm |
  201. Karen

    Of course, it is too little too late. This from a man who continues to believe that we can spend our way out of this when the entire world is cutting back. What else do you expect from a man who has never held a JOB in his entire LIFE!
    Stop blaming the GOP for this mess, all of the incombents including our President were in Congress voting on the very things that the Dems are now blaming the GOP for. Give me a Break!

    September 7, 2010 at 6:53 pm |
  202. Bryan Gish

    yes he is too late

    September 7, 2010 at 6:57 pm |
  203. Andy

    To all these people who say that they don't want this stimulus, they want "jobs", where do they think the stimulus money would go? It goes to "jobs" – it pays people, who turn around and spend it, which helps the economy. If he can't spend it on infrastructure projects, or government workers (which they say they don't want), how else would they like to see Obama create jobs?

    September 7, 2010 at 6:59 pm |