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  • The Obama Plan: Overweight Fiscal? [View article]
    John,

    the housing crisis cannot be fixed but they will spend the money anyway. miss-spent money does not stimulate the economy. we are digging a bigger and bigger hole.

    i do not understand when the basic economic recovery scheme did not work in previous recessions, the conclusion was drawn that not enough money was thrown at the problem. it surely could not have been true that that the concept itself was flawed as it would have undercut existing economic dogma.

    in any event, we will recover at some point from this mess wiser and dumber - and continue to draw the wrong conclusions from historical events.
    Jan 08 02:07 am |Rating: +3 0
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