President finally will increase stimulus spending

The wimpy, but costly federal stimulus plan needs a bit of stimulating itself, and President Barack Obama says he will do just that very quickly.

Despite a stimulus commitment of $787 billion, the White House has only spent $44 billion so far, and the unemployment rate continues to rise. What's going on over there? The economy has lost 1.6 million jobs since the stimulus bill was signed four months ago.

The president said he's frustrated at the slowness of the stimulus funds entering the economy and he's going to do something about it. "Now we're in a position to really accelerate," the Associated Press quoted the president as saying.

Let's get this money flowing and America back to work.