Just before the change of administrations, there was a terrifying economic situation that involved a possible credit freeze, which threatened a Depression. Bush’s economists, and Obama’s transitional team all agreed that the emergency wa extreme and something had to be done immediately.
Most mainstream economists, especially those who have made a career of studying the Great Depression, have come to believe that the way to ward off a disaster is not to tighten up on the money supply, but to spend, and spend a lot, quickly. Hence the so-called “Stimulus Package.”
We had for eight years followed orthodox Republican doctrine about regulation, spending, etc., and it left us in a deep and frightening hole we had never really encountered before.
Obama was elected by a substantial majority, which is generally taken as an indicator that the people were ready to try a new direction, to see if that would work better.
So far Obama has had a little more than six months to try to address these long-standing problems. I don’t think we know yet whether is has been, or will be effective, but we do know that not enough time has passed to fairly evaluate results.
Some name-callers (see @Zendo, above) don’t seem to be interested in fairness, or in seeing how this plays out, or in giving the Obama methods a chance before attacking the programs and trying to interfere with them.
In my opinion it would be preferable if we allowed Obama and his team to have their way for a while, and see if he and his team of advisers are correct. We know for certain that the old Republican methods failed us.
At the end of his 8 years, ask this question again , and I think you will get more certain answers. Right now I would say it’s too early to tell, but it is certainly not unreasonable to allow him to try. Does that help?