'Before taking office, President-elect Barack Obama declared, "There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy." Vice President Joe Biden added recently, "Every economist, as I've said, from conservative to liberal, acknowledges that direct government spending on a direct program now is the best way to infuse economic growth and create jobs."
'Despite the administration's efforts to stamp out opposition, however, the Cato Institute compiled an impressive list of economists who disagree with the DC strategy of Keynesian spending to help the economy.'