Debt Negates Positive Effects Of Stimulus Package, Says McCain

Senator John McCain (R-Ariz.) says the economic stimulus bill did create jobs, but not enough to make it worth the $1.1 trillion the bill cost. (0:37)

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Economic Advisor Says Fiscal Stimulus Is A Well-Tested Method

Christina Romer, Chair of the Council of Economic Advisers, speaks about the impact of the American Recovery and Reinvestment Act. “In the past few months, some have tried to portray fiscal stimulus as an exotic tool with a questionable pedigree,” says Romer. “To use a medical analogy, fiscal stimulus is a well-tested antibiotic, not some new-fangled gene therapy.”
(0:20)
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Geithner On Benefits Of Recovery Act

Treasury Secretary Timothy Geithner talks about his optimism on the results of government intervention on the economy. Amongst his criteria, Geithner names improvement in the costs of credit ease and interest on mortgages, all refelcting greater confidence in market forces. (0:45)
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