Sen. Claire McCaskill who faces a tough reelection battle in 2012 tried to stake out her independence from preisdent Obama with mixed reults.

The only thing the stimulus did was prop op a faltering economy at a cost now estimated by the CBO of $814 billion rather than the $787 billion originally estimated by the Obama administration.  That cost will be borne by future generations long after Obama  and McCaskill is gone from the scene.

As for TARP and the GM bailout if success is measured by how much money was lost then maybe McCaskill is right.  The latest estimate is that TARP will cost the taxpayers $105.4 billion while the GM shares will have to rise about 50% for the government to break even.

That’s success I can live without.

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