Obama: "If nothing is done, the unemployment rate could reach double digits."
No one's saying "do nothing".
They're saying that more than two people (Obama and Pelosi) should have input into the design of a plan that will ultimately cost almost $1 trillion of borrowed money, to be paid back by future generations, in multiples, with compound interest.
And, they're saying that you need to drop the $200+ billion of pork barrel spending buried in the stimulus package. ($50 million for the National Endowment for the Arts? Nice payback to the arts community for their support, but is a bailout for independent film makers really a national prority at this time?)