Rath on 24 August 2010
Ok without checking whether the statistics actually hold up or not (so assuming he is correct) he misses two important points I believe.
1) The stimulus helped the economy recover, therefore the costs of the stimulus are at least to some point offset by the stronger economy.
2) The stimulus spending wasn't a straight up loss. The GM deal is a good example of this, $50B outlay and now the govt owns about $100B of GM.
