I am delighted we are going to take that up and take a look at it. In some ways I think it would be well if we could hold our fire until after we hear the President's notions next Tuesday. I am sure he will talk a great deal about the stimulus package as well as the other domestic and terrorism needs. But, as we do that--as I guess in everything--I hope we take a real look, the best we can, as to what our expectations are on a stimulus package. It is easy to talk about it. It sounds good. On the other hand, in the Finance Committee, where last year we held a number of hearings and talked to quite a number of professional economists--the best in the country, as a matter of fact--there was no real consensus as to what is best done to have the immediate impact that we would like to have on the economy. So I hope we give some thought, individually and collectively, to what it is that our goals are with respect to a stimulus package.
David Thomas: “I am delighted we are going to take that up and take a look at it. In some ways I think it would be well if we could…”
Editor's note · Context
Discussing the upcoming stimulus package and the need for careful evaluation before proceeding.
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