As the August 2nd deadline looms, Greta talks to Arizona Senator Jon Kyl (R) about how the 2009 stimulus bill could have been more effective for the nation’s economy and helped with this recession.
Jon Kyl says, “This is a different kind of recession and it’s not one in which consumer demand is driving recovery. That’s why the Bush stimulus didn’t work, the Obama stimulus didn’t work. When you take a trillion dollars and basically try to get people to spend and it doesn’t move the numbers at all, in fact now were at a two percent of growth of GDP and the last quarter of 2009 we were at almost six percent of growth of GDP. So, we’ve actually gone downhill.”
“The stimulus did not help, all it did was add to our debt.” Hear what else Jon Kyl had to say.
They're outspoken, out of the box, outrageous and outstandingly smart! And he is outnumbered. Don't miss the premiere of a new panel show on Fox News Channel, bringing you a refreshing new twist on news. Check out all the details on "Outnumbered," debuting Monday, April 28 at noon ET!
Fox News Channel presents an exciting new feature series, My America with Elisabeth Hasselbeck. From the quirky to the inspirational, "My America" will reveal who we are as a nation – driven, passionate and uniquely American. Check out the latest installment: an inside look at Mutton Bustin!
GretaWire.com is the official blog of Greta Van Susteren. Get Greta’s breaking news alerts, pictures, videos, polls, and behind-the-scenes exclusives. Plus, speak out on open threads, as well as the live chat page. Connect to the GretaWire community ... and to Greta herself!