McCain is a confused old man...
MCCAIN: Mr. President, the American people are figuring it out that this is not a stimulus bill it's a spending bill full of unnecessary spending, unexamined policy changes or policy changes that have been examined and rejected in the past
and of course tax cuts, which really do not stimulate the economy.
WALLACE: As that package now stands, can John McCain vote for it?
MCCAIN: No. We need to make a commitment that there will be no new taxes. We need to cut payroll taxes, we need to cut business taxes, we need to have a commitment that after a couple quarters of GDP growth that we will embark on a path of say called graham-rudman to reduce spending to get our budget in balance. We're going to lay an additional two trillion basically dollars of debt on future generations of Americans. Is there going to be a point at which foriegn countries such as the Chinese stop buying our debt? Look, we've got to eliminate the unneccessary spending.
There has got to be some kind of litmus as to whether it will really stimulate the economy and whether it will in the short term.
Source:
http://firedoglake.com/2009/02/06/so...e-the-economy/