Former US speaker says Obama stimulus package has failed

Source: Internet
Author: User
International online Coverage (San Shanshan): Former House Speaker Newt Gingrich said at a Republican fundraising dinner in Washington on the evening of 8th that the Obama administration's stimulus package and its bailout measures for companies such as GM have "failed". Gingrich says the government does not work, and there is no way for politicians to dominate the economy.  Other Republicans at the dinner party have accused the Obama administration of massive bailouts of big companies such as General Motors and AIG.  Earlier in the day, U.S. President Barack Obama said there had been signs of a recovery in the United States and market fears had eased. The latest polls in the US press show that Mr Obama's approval rating is 61%, a little less than the 64% support rate in the ruling hundred Days.

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