Rick Perry and the Stimulus: It's Complicated

As Gov. Rick Perry has launched his presidential campaign, he’s turned to a talking point familiar to anyone who has heard him rail against the federal government over the last two years: the perfidy of the roughly $800 billion stimulus plan orchestrated by the Obama administration in 2009.

“Washington’s insatiable desire to spend our children’s inheritance on failed ‘stimulus’ plans and other misguided economic theories have given us record debt and left us with far too many unemployed,” Perry said in his announcement speech in South Carolina on Saturday.