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Today, Paul Krugman in a NYTimes column points out that many opponents of President Obama’s stimulus plan are either trying to intentionally mislead the public about the facts or don’t know enough about the subject.

1. First, there is the bogus talking point that the Obama plan will cost $275,000 per job created. In truth, “the net cost will be as little as $60,000.”
2. “Next, write off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.”
3. “Finally, ignore anyone who tries to make something of the fact that the new administration’s chief economic adviser has in the past favored monetary policy over fiscal policy as a response to recessions.” “[T]he interest rates the Fed controls are already effectively at zero.”

A sample from President Obama’s Speech:

“On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.

On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas, that for far too long have strangled our politics.

We remain a young nation, but in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the God-given promise that all are equal, all are free, and all deserve a chance to pursue their full measure of happiness.”

Full Speech Here