The Debate on the Fed's Stimulus Package

When the Obama administration wanted to do what they call the stimulus package, their advisors said we need two trillion. Now there's like this talk of $1 trillion, $2 trillion of deficit spending and there's no mention whatsoever of Greece. The only thing they're talking about is it might cause inflation. And so the whole debate shifted, by the way, he had a MMT-informed advisor apparently. I had no one at the time.