John Judis argues that we need a second economic stimulus package, echoing a suggestion that Warren Buffett had. If President Obama were to push for another stimulus bill, it would be a tacit admission on the part of his administration that the first stimulus was a failure. It would would also interfere with his push for health care legislation. So it isn’t surprising to see that thus far, the White House has adopted the line that most of the stimulus money hasn’t been deployed yet, while remaining open to revisiting the stimulus down the road.
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