Jacob Laksin: Stimulus 3.0?

"That’s something the administration can ill afford. Obama’s newest stimulus plan comes at a time when public confidence in his stewardship has fallen to an all-time low. According to the latest Gallup poll, Obama’s approval rating has fallen to 47 percent, the lowest for any president at this point in his first term. Revisiting the same strategy that has failed to revive the economy to date will hardly allay those concerns. 'Our work is far from done,' the president announced yesterday. A growing number of Americans fear exactly that."