Nah - that's not true. The economy was spiraling downward - businesses were afraid to hire, investors were afraid to invest. Without some kind of stimulus, that would have continued.
Very true. The economy had already pretty much hit bottom. Doing NOTHING would have been better than burying us in ten trillion dollars of debt.
Obama declared that he was inheriting a mess and ran on hope and change. All we got was more debt, him blaming Bush for eight years of malaise and him further dividing the nation along racial lines.
Businesses & investors wouldn't have suddenly gained confidence with the market losing billions every week.
Businesses never gained any confidence which is why job and wage growth were anemic and nearly non-existent other than massive amounts of part time low wage jobs, and the only reason you had stock market investment was because the Fed was giving away free money with QE.
That stimulus plan turned the tide.
There was no tide. It was a ripple. The tide is just beginning.
I know it's not an easy thing to admit, but it saved the economy - after Bush crashed it.
Bush didn't crash anything. You cannot name ONE policy Bush endorsed that was the cause of it. The mortgage collapse was entirely of a Democrat invention by demanding that banks lower their standards based on race hustling.
Watch the video when the Republican Congress tried to reign the stupidity in and Democrats did NOTHING but insult the Republicans as racists and impugn the regulator trying to warn them of the impending collapse.
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
A leftist wallowing in denial. 