February 17th, 2009
02:25 PM ET
6 years ago

Stimulus: Now for the hard part

Obama will sign the stimulus bill into law Tuesday.
Obama will sign the stimulus bill into law Tuesday.

NEW YORK (CNNMoney.com) - President Obama on Tuesday will sign the $787 billion American Recovery and Reinvestment Act into law. But he's far from being able to declare "Mission Accomplished."

Even though debate over the legislation was fraught with partisan fighting and what some characterize as strategic missteps by the nascent administration, getting the law passed was the easy part.

Far more difficult will be gauging whether the legislation's trademark initiatives - which include improving physical infrastructure, investing in energy projects and providing financial relief for families by way of tax cuts and increased government benefits - are really doing the trick.

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Filed under: stimulus plan
soundoff (94 Responses)
  1. Obama Victim

    not a chance..............only three years and 11 months to go

    February 17, 2009 02:26 pm at 2:26 pm |
  2. jaye

    President Obama is the only person I trust right now to do the right thing.
    The media has already condemed him to failure by their talking head republicans who fill the airwaves with gloom and doom and lies and hate.
    President Obama will succeed.... even though the news media is against him. He has good on his side – plus brains.

    February 17, 2009 02:29 pm at 2:29 pm |
  3. 1/20/13

    Awesome.....I cant wait for my 13$ I have big plans for it, possibly a change in lifestyle. What a waste keep your money and I will keep mine crook

    February 17, 2009 02:30 pm at 2:30 pm |
  4. demwit

    That's funny...., I can usually see the immediate results of spending a trillion dollars thats not mine.

    February 17, 2009 02:30 pm at 2:30 pm |
  5. dj

    give the guy time. everyone expects to wake up the next morning with a pile of cash. it won't be overnight. the good thing is we have a president capable of talking and performing tasks, not an autistic one like we just sent via fedex back to his village

    February 17, 2009 02:32 pm at 2:32 pm |
  6. Henry Miller, Cary, NC

    Yeah, the hard part: Paying for it, and paying for it, and paying for it...

    But I guess the welfare bums don't have to do that, so it doesn't matter.

    February 17, 2009 02:32 pm at 2:32 pm |
  7. bill P

    We'll be seeing him addressing Congress within 6 months asking for another $250 billion.

    February 17, 2009 02:35 pm at 2:35 pm |
  8. Baze

    people are so stupid. A sign of the stimulus working is if we stay under double digit unemployment after the summer.

    February 17, 2009 02:38 pm at 2:38 pm |
  9. TjayeInLA

    Typical Republican victim mentality. This is a good thing for those who really care about the nation as a whole. But for Republicans, its a bad thing, because it will shine an even brighter light on their lack of concern for those who are not wealthy and independently wealthy.

    February 17, 2009 02:39 pm at 2:39 pm |
  10. tee

    Obama victum
    You will always be a victum, no matter who's in office.

    February 17, 2009 02:40 pm at 2:40 pm |
  11. feckless

    AWESOME WORK BY THE 4th ESTATE, HOLDING THE GOVERNMENT ACCOUNTABLE!

    But First...

    How about an analysis of the effectiveness of George W. Bush's tax cuts and federal spending?

    Did those tax cuts create jobs?

    Did the Trillion spent up front for the Iraq war create jobs?

    Will we see our trickledown soon?

    This context may be useful in evaluating the counter proposals of Republicans who's bill had zero spending but was full of tax breaks that would up the debt by 2 Trillion more than Obama's tax cuts with stimulus.

    Cheney is gone now he can't hurt you.

    Oh wait 1 Drug Addict + 20,000,000 dittoheads trump reality at CNN.

    February 17, 2009 02:41 pm at 2:41 pm |
  12. USA LOVER

    Obama Victim....

    YOU CAN LEAVE "NOW" IF YOU LIKE!!!!!

    February 17, 2009 02:45 pm at 2:45 pm |
  13. Matthew, Detroit

    Barack has 2 years to turn it around.
    By the way I love how it changed from creating 3.5 million jobs to now saving or creating 3.5 million jobs.

    Great political spin. MSNBC said there is no way possible to measure whether it saves jobs. Things could stay exacly as they are and Barack will claim that he saved 3.5 million jobs.

    In either case that is 228,000 per job.

    WHY DOES HE ALWAYS CLAP FOR HIMSELF WHEN HE ENTERS THE STAGE TO SPEAK. WHAT A JOKE. NO HUMILITY.

    February 17, 2009 02:46 pm at 2:46 pm |
  14. lila

    I think Obama is a winner. The guy sets goals and targets and hits them.. always. I also think rahm was a perfect pick to keep Obama awake. I would not bet against Obama. He knows himself very well.
    In 2 years things will start to improve in the economy. Also, Obama is hot and heavy on bin laden's tail and will have his head before too long. The GOP will look more lost and stupid than ever.

    I almost feel sorry for the deluded party... almost. Well, OK, not even almost.

    February 17, 2009 02:47 pm at 2:47 pm |
  15. yuri

    Cynics are ubiquitous. No matter what a new administration does, the conservative public will,still, cry foul or even murder. The antagonistic commentator of this plan is unlikely to come up with a better alternative. But the urge to comment is all pervasive, and sure, is a force to reckon with.

    February 17, 2009 02:48 pm at 2:48 pm |
  16. barack obama is still just B.O.

    Well on his way to being #44 on the best president list and slipping 1 place every 4 years.

    February 17, 2009 02:48 pm at 2:48 pm |
  17. Griff

    I am Bill Writter.... I write the Songs. Sing along with me..
    Mountain Bill....

    February 17, 2009 02:48 pm at 2:48 pm |
  18. BT

    Hey
    Obama Victim:

    that would be 7 years and 11 months to go. Your name says it all. Poor, pitiful fool – his guy lost.

    February 17, 2009 02:48 pm at 2:48 pm |
  19. BT

    Hey
    Obama Victim:

    that would be 7 years and 11 months to go. Your name says it all. Poor, pitiful fool – his guy lost.

    February 17, 2009 02:48 pm at 2:48 pm |
  20. Rick

    Can we impeach Obama before he does any more damage to the country?

    February 17, 2009 02:49 pm at 2:49 pm |
  21. AL

    Oh, already counting the days.. Then who do you want JEB?? Another Bush to send this country further into the toilet.. Give this man a chance, we put up with 8 LONGGGGGGGGGGG years of GWB. You republicans can't even put up with 30 days and already your crying..
    BOOOHOOO, use the money you get back as a crying towel.

    February 17, 2009 02:49 pm at 2:49 pm |
  22. Obama mama

    Now for the hard part.....er...uh....that would be figuring out how we're going to swindle the hardworking, law-abiding citizens of this country for another trillion in 10 months when the entitlement wells run dry again......uh...let's see.......ah yes, "JOBS!" "That's it, we'll create jobs for everyone!" "There will be a chicken in every pot, and a car in every garage...in fact, I'll pay the mortgage for the house where the stove's cooking the chicken...and also pay the payment for the car in the garage!" Now, where'd I put that basketball.....

    February 17, 2009 02:49 pm at 2:49 pm |
  23. Griff

    Like going 6to the Toilet with Constipation...

    February 17, 2009 02:49 pm at 2:49 pm |
  24. Chauncey Grizzly

    So Obama Victim gets to post on every thread?

    Neat.

    I guess your moderaters are worried about "honest" intelligent citizens views being heard.

    Oh, and fringers and zealots of course.

    February 17, 2009 02:49 pm at 2:49 pm |
  25. Bush Victim

    We have delt with eight years of lies, deceit, and incompetence. It will take more than one month to fix the debacle that "W" left us. You see no one is asking his opinion on ANYTHING. I'm unsure as to where the stimulus will lead us as well, but the new president has out performed and is in my opinion (and many others) intellegent enough to make "smart" decisions.... not being led by his vice pres and oil companies.

    February 17, 2009 02:54 pm at 2:54 pm |
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