On Obama’s $787 billion stimulus: It’s easy to criticize the bill and if you don’t like it, you don’t have to take the money. It’s pretty simple.

I guess in hindsight we can all say that there were some fundamental flaws with it. It probably wasn’t large enough and, number two, there probably wasn’t enough stimulus effect. For example, a payroll tax exemption or maybe even a cut in the corporate tax…for small and medium-sized businesses for three years, for example.

We will take the money … The size of about a trillion dollars was floated by Mark Zandi, who’s a very respected economist. I tend to believe what he is saying about the size of the package, which didn’t necessarily hit the mark in terms of size.