Mitt Romney in January 2009 praising President Obama's stimulus
Mitt Romney,
today:
President Obama started out with a near trillion-dollar stimulus package – the biggest, most careless one-time expenditure by the federal government in history. And remember this: the stimulus wasn’t just wasted – it was borrowed and wasted.
Mitt Romney,
January 2009:
In my view, the president's willingness, his rhetoric to say, look, he's going to reach across the aisle, he wants to seek the input from members of our party, that's a very encouraging sign. The president's plan for economic recovery, including a stimulus bill which includes a very health dose of tax reductions, is something which I think showed a willingness to actually listen to some of his own economic advisers that have pointed out in their research that tax reductions have a bigger economic stimulus impact than spending money on infrastructure does. That's encouraging.
And sure enough, the stimulus bill ultimately had more in tax cuts than it did in infrastructure spending—exactly what Mitt Romney said he wanted. Plus, the overall price tag fell from $825 billion when Romney embraced the plan to $787 billion when it actually got passed. But now, for political reasons, Romney is pretending he was against a stimulus all along. He's lying.