It's funny how the worlds biggest insto and hedge fund manager actually saw the Obama's jobs package in a positive light and above expectations. I can't directly quote for copyright purposed but Steve Blitz (ITG New York) noted the extra $447B will keep the US out of recession and growing at 2-2.5% in 2012. This "economic insurance policy" will allow the US to stay afloat long enough for household sector to complete its deleveraging.
