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Stimulus Packages: Conceptually Flawed and Historically Unproven

"the extent to which the thoroughly changed post-war political and military environment (i.e. US dominance on the international stage) opened up new and huge markets for American goods and services."

Yeah, but that would be the indirect result of the war. Normally when people speak about the war getting America out of the recession they refer to the production-spike that was related to the actual war-time and had almost everyone employed. The part about the setting after the war is true, of course, but it's important to remind people that is was not the war itself as argument is, wrongly, used by many Keynesians today.

By the way, actually nice to see an author taking care of his article and commenting on the views.

Stimulus Packages: Conceptually Flawed and Historically Unproven

The recovery did not result directly from the war, that is a myth that should have been exposed long ago. Government debt rose to an all-time high during the War which over a longer period was surely not sustainable, the jobs where due to increased government spending. We don't need a war to jack up spending beyond 100%+

Will Obama's Change Provide the Economic Remedies We Need?

"Instead, most of the spending is for immediate social needs such as unemployment benefits, insurance and health care. While this money will be spent quickly, we doubt there is much of a sustainable stimulative effect to the US economy (perhaps it will help the Chinese economy?!)."

Edu, Health and Welfare at around $300b could be long-term should the economy not recover if you look at what they are really spent for.

Credit Started This Recession; It Will Also Help End It

If you're standing in front of a vending machine and press the button for a coke why should all of a sudden a pepsi come out?
The only 'credit' to get us out of here is credibility.

2009 Economic Forecasts Ignore Demographic Shift

Could people please stop using consumption as a means to measure the economy? GDP growth in the past was a mirage and now it's time to realize that an economy where consumption made up 70%, that's largely based on services, whose mayor growth engines are in decline (fire), whose people are maxxed out, whose states cut spending etc will maybe, just maybe have to deal with a downturn that could turn out to be severe.
Now's the final chance to get it right, it'll all depend on the stimulus package, restructuring and finding new opportunities in new areas.

Get Ready for a Fed Induced Period of Inflation

Have you considered that an inflation too large will tempt commodities to longer be traded in dollar? How to pay for them in such a case?

A New Bull Market Is Born

Why is it that almost all bulls on here come up with technical instead of fundamental analysis? Give it a thought... ;)

Don't Be Fooled by Bad News - Market Is Heading Up

This is not about bad news, this is about bad fundamentals.