Steele: ‘The Stimulus Was An Economic Experiment That Failed’

RNC Chairman Michael Steele
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RNC Chairman Michael Steele said the stimulus “was an economic experiment that failed Americans” in response to Vice President Biden’s speech today on how the package has helped the economy.

Biden, in an address to the Brookings Institution marking the 200-day milestone of the implementation of the stimulus, said, “The recovery act has played a significant role in changing the trajectory of our economy, and changing the conversation in this country. Instead of talking about the beginning of a depression, we are talking about the end of a recession.”

Here’s the full statement from Steele:

Vice President Biden has been trying for 200 days to convince the American people the president’s economic stimulus experiment is working, but just like their government-run health care scheme, no one is buying it. As the RNC’s “200 Days, 200 Claims” report shows, the Democrats’ rhetoric on their economic experiment doesn’t match with the reality of millions of Americans remaining unemployed. The stimulus was an economic experiment that failed Americans, just like the government-run health care experiment will fail Americans. Two-hundred days of this stimulus are 200 days too long.

Biden also addressed health care reform in his speech, saying “we’re gonna get something substantial,” but “it’s going to be an awful lot of screaming and hollering before we get there.”

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