Here’s an oversimplified point, but it’s still valid.
The large public corporations have been trained over past decades to be lean and mean. Sure there are excesses, but in essence they have cut well past the fat and into the muscle and bone, all driven by quarter-by-quarter management to appease Wall St.
My point is: They wouldn’t know how to spend stimulus money if Obama gave it to them tomorrow. Their first impulse would be to buy back their own stock so their personal holding are worth more. It’s not like Boeing is sitting a a stack of plans for new airplanes they’d just love to build if they only had the money. They could hire some engineers back and start to design new ones, but it would be years before the impact even hit the bottom line. They know how to cut, cut, cut - but they don’t know how to grow significantly in a short period of time.
Neither does the government, they don’t even have enough bureaucrats (who of course are overworked and underpaid as it is) to dole out $1,000 for ever $1 they do today.
Obamas going to have to give money directly to taxpayers. Cutting tax rates would be the quickest way. Change the withholding schedule and those dollars would start to flow into the economy in 2 weeks.
What he is going to have to do, one way or the other, is stop taking our money from us.
Things have a way of becoming much clearer once you stop letting the other side define the terms of the debate.