July 7 (Bloomberg) -- The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small,” said Laura Tyson, an outside adviser to President Barack Obama.
The current plan “will have a positive effect, but the real economy is a sicker patient,” Tyson said in a speech in Singapore today. The package will have a more pronounced impact in the third and fourth quarters, she added, stressing that she was speaking for herself and not the administration.
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I don't agree with this at all. We cannot consider a second stimulus until we see how the the first one pans out. All I've read previously has been that we need to give this first one more time to kick in. So why have I been seeing more and more stories on a possible 2nd stimulus?

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