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Obamanomics: Too Big? Too Small? Too Fast? Too Slow?

In this Jan. 5, 2009 file photo, Treasury Secretary-designate Timothy Geithner looks on at left as President-elect Barack Obama meets with members of his economic team at his transition office in Washington. Geithner, President-elect Barack Obama's choice to run the Treasury Department and lead the economic rescue effort disclosed to senators Tuesday that he failed to pay $34,000 in taxes from 2001 to 2004, a last-minute complication in an otherwise smooth path to confirmation. (AP Photo/Gerald Herbert, File)
In this Jan. 5, 2009 file photo, Treasury Secretary-designate Timothy Geithner looks on at left as President-elect Barack Obama meets with members of his economic team at his transition office in Washington. Geithner, President-elect Barack Obama's choice to run the Treasury Department and lead the economic rescue effort disclosed to senators Tuesday that he failed to pay $34,000 in taxes from 2001 to 2004, a last-minute complication in an otherwise smooth path to confirmation. (AP Photo/Gerald Herbert, File)

First it was the banks and Wall Street in crisis. Then, the whole economy. Now it’s the bailout itself in the hot seat.

Never mind the nail-biter over TARP funds, and the billions that seemed to disappear into the gullet of the banking world. In the high-wire economic handoff from Bush to Obama, the near trillion-dollar stimulus package itself is being buffeted from all sides. It’s too big. It’s too small. Too fast. Too slow.

It’s not easy pulling out of the dive we’re in.

Join the conversation On Point.
--Tom Ashbrook

This program aired on January 15, 2009. The audio for this program is not available.

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