Posted by
Defend America on Tuesday, July 07, 2009 8:01:30 PM
Obama Adviser Says U.S. Should Mull Second Stimulus (Update2)
By Shamim Adam
July 7 (Bloomberg) -- The U.S. should consider drafting a
second stimulus package focusing on infrastructure projects
because the $787 billion approved in February was “a bit too
small,” said Laura Tyson, an outside adviser to President
Barack Obama.
The current plan “will have a positive effect, but the
real economy is a sicker patient,” Tyson said in a speech in
Singapore today. The package will have a more pronounced impact
in the third and fourth quarters, she added, stressing that she
was speaking for herself and not the administration.
http://www.bloomberg.com/apps/news?pid=20601068&sid=ajQbZ.WrAVwQ