...and passed a very weak and too small stimulus bill...
Originally Posted by TexTushHog
So you
still think the stimulus bill was
too small?
Good Lord! Are you fucking kidding? It was about $860 billion, by far the largest "stimulus package" in U.S. history, and it was not the appropriate medicine for the economy. Please take a reasoned look at economic history. The entire doctrine undergirding arguments in favor of massive pseudo-Keynesian stimulus packages has been thoroughly discredited. We've discussed all this before; you should have paid attention.
The problem is that
none of the fundamental structural problems affecting our economy have been addressed. Anyone who thinks the problem is a failure to spend enough money is living in some sort of alternate universe.
The Obama economic agenda is simply an extention and expansion of the George W. Bush big-spending, tax cutting, non-regulating agenda. (Please don't try to tell us that you think Dodd-Frank does much about TBTF or any other financial sector excesses.)