First, FDR created government jobs. We don't need a bigger government, we need growth in the private sector.
At any rate the world (and the economy) is a vastly difference place than it was in the 1930s. This is a key point.
And Zero is no FDR.
Besides, the real boom didn't happen until post-war, which was due more to not having any real manufacturing competition (most of the other industrialized nations were too busy picking up the pieces of their ruined continent to worry about trying to keep up with us).
As for more stimulus... so if the theory is we didn't spend enough, does that mean they are proposing we spend MORE?
Because, another bill proposing the same thing, only part II, would obviously be just another waste of time. And money.
So the options are wasting another @$1 trillion on something that didn't work the first time or INCREASING the stimulus... yeah, good luck selling that to the American public. We need the PRIVATE sector to grow, not the government, via more government jobs.
It's just another example of government expanding our dependence on them; now we are supposed to depend on the gov for our jobs?
Perfect example: there is a 3/4 mile stretch of road on my commute that has been in the process of doubling it's lanes for about a year and a half. There are sunny days when there is no activity at all and there are no workers to be found, equipment just sitting there. Job should have been finished (and would have been if it was a non-union, private contractor that has to compete with other contractors for business) a long time ago.
Government expenditures are as a rule wasteful, overbloated and inefficient. As opposed to the private sector, where time (and efficiency) truly is money.
There are economists on the other side of the fence that DO NOT believe the stim was a good idea, so citing opposing schools of economic theory is a waste of time.
Let's look at tangible data and results.
http://data.bls.gov/pdq/SurveyOutputSer ... N_cpsbref3
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.7 4.6 4.7 4.7 4.7 5.0
2008 5.0 4.8 5.1 4.9 5.4 5.6 5.8 6.1 6.2 6.6 6.8 7.3
2009 7.8 8.2 8.6 8.9 9.4 9.5 9.5 9.7 9.8 10.1 9.9 9.9
2010 9.7 9.7 9.7 9.8 9.6 9.5 9.5 9.6 9.6 9.7 9.8 9.4
2011 9.0 8.9 8.8 9.0 9.1 9.2 9.1
Note the data from 1/09 - present.
Unemployment has gone UP since the stimulus was passed, and is fairly steadily hovereing between 9% - 10%; the forecast is that it will get worse in the coming months.
So, if the stimulus worked, just not enough (due to not spending enough), the data should show at least a bit of improvement in unemployment rates. Instead we see the opposite.
We are digging ourseleves deeper and deeper, and the answer is to redouble our digging? Where is this money supposed to come from?
And we are supposed to buy their sales pitch of "it will really, really, really work this time, trust us."?
Insanity.
And besides, there are some that would say the whole bailout / stimulus combo was more about Washington enriching it's friends and intimates than anything else.