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This is from an interview Karl Rove gave to Greta Van Sustern. The transcript is on the website:

You know, I was reading something, rereading Larry Summers, the head of the National Economic Council in the Obama White House, some remarks that he made earlier in this process, I believe it was in December. He said, As with any potent medicine, stimulus if mis-administered could do more harm than good by increasing instability and creating long-term programs. A stimulus program should be timely, targeted and temporary.

Timely — we now know that more money in both the House and Senate versions is going to be spent in the years 2011 and beyond than in 2009. Think about that. We’re going to be spending more of this so-called stimulus money in 2011 and to 2019 than we’re spending in 2009.

Targeted — I mean, how targeted is it? You know, we’re losing jobs in manufacturing, and what we’re doing here is just throwing every dollar we can against the wall. It’s sort of like trickle-down Democratic economics. Give $2 billion to the National Institutes of Health. What is that going to do to employ somebody in a manufacturing plant?

And temporary? This is not going to be temporary spending. This is going to be the largest increase in discretionary non-security spending in the history of the United States. It will be an 80 percent increase over this year’s budget. This year’s budget is roughly $393 billion in discretionary non-security spending. This will add $307 billion into the budget this year.

Who thinks that next year, Congress is going to come in and say, You know, what? That $40 billion we added to education in 2009, for the FY 2009 budget, oh, that was just a one-year thing. How many people are going to say, That’s built into the baseline of the budget and we’ve got to start from that point for the 2010 budget? I mean, this is ridiculous, what we’re looking at here. It is the biggest expansion of government all in the name of the stimulus, and it’s not going to end up creating jobs.