Could we see a Stimulus Part Two?

It might be called a "jobs bill" or some other sweet-sounding name but it will be filled with just as many political giveaways and pork barrel projects as last year's "stimulus". A new CNN/Opinion Research Corporation survey found that three out of four people think half of the stimulus money was wasted.

Not only was the money wasted, it didn't accomplish what President Obama promised. Since the "stimulus" was enacted we have lost over 3 million jobs and hit an unemployment rate of up to 10%.

Take a look at this video from Dan Mitchell of the Cato Institute as he makes the case for why the first stimulus failed and why another one would be devastating for our economy.