Congress and President-elect Obama are frantically considering how to stimulate the weakening economy, but even with Washington under unified Democratic control, it is proving hard to move quickly.
The obstacle is not solely or primarily the delay in debating and passing a bill. It is not so easy to spend a trillion dollars quickly, even for the federal government. Under all the plans currently being considered, there would be a significant lag between passage of a bill and new money actually hitting the economy.
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