resident Obama’s economic team is looking for ways to accelerate the agonizingly slow economic recovery, but the top White House spokesman on Thursday said a large spending measure is not being considered.
“Some big, new stimulus plan is not in the offing,” White House press secretary Robert Gibbs said.
With the recovery faltering less than two months before the November congressional elections, President Obama’s economic team is considering another big dose of stimulus in the form of tax breaks for businesses – potentially worth hundreds of billions of dollars, according to two people familiar with the talks.
Either a. someone’s keeping Gibbs out of the loop,
b. depends on what the meaning of “stimulus” is,
c. we’re being taken for a ride.