McConnell in July: Stimulus "a big mistake"

Senate Minority Leader Mitch McConnell (R-KY) had this to say in July about the $787 billion economic stimulus bill boondoggle:

I think the stimulus was a big mistake, I think we can fairly safely declare it now a failure. It was sold to us as something that was going to jolt the economy, that was going to hold unemployment to 8 percent; unemployment's going over 10 percent.

The deficit this year's going to be $1.8 trillion. To put that in context, we're going to have a bigger deficit this year than the last five years together. The budget that they passed looking to the future doubles the national debt in five and triples it in 10. I think the administration's off on the wrong foot. I’d like to see him come back to the political middle, meet us there, and solve these problems for the American people.

Good advice. If Obama doesn't follow it, I recommend that he ring up Jimmy Carter and ask him how he enjoyed his second term.

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