DeLong Smackdown Watch: Size of the Stimulus Edition

Hoisted from Comments: Daniel writes:

The ARRA: Underpowered from the Start: Peter Orszag insisted earlier today at an event at Brookings that it would have been impossible to pass a larger stimulus given the political constraints:

I know there’s been a lot of discussion, especially on the left,
about whether the Recovery Act should have been bigger. And while I am sympathetic to that argument, I think it’s also not even remotely within the politically viable range. I was...