Here's The Cato Institute on the proposed stimulus package.
The video proposes several obvious things:
1) The stimulus package is nothing more than a payoff to contributors, or a way of bribing selected voters to become Big Government Sheeple.
2) George W. Bush increased government spending at a previously unimagined rate. This failed to stimulate the economy, or anything else, except the packages of military contractors.
3) All government spending is money taken out of the "regular" economy. Therefore, it is money taken from those who will use it most efficiently, and given to those who will use it least efficiently.
4) If you need to have your package stimulated, persuade someone else to stimulate it for you. Or stimulate your package yourself. Forcing someone else to stimulate your package is just wrong.