President Obama has nominated U.S Deputy Secretary of State Jacob Lew as the White House Budget Director after the departure of Joseph Orszag. In June 2009, Lew said that the stimulus In United States and around the world critical first step in economic recovery. He's talking about the same stimulus that President Obama said was imperative to pass and sign into law quickly (at the time) to keep unemployment under 8%. Well, that didn't go as planned..