Holy Mother of God. The stimulus packages complete with shovel ready jobs AND the budget deal that HAD to happen lest we get downgraded and the stock market crashed have ALL, individually and collectively, FAILED. The Obama Administration has but one recourse: MORE SPENDING! MUCH MORE SPENDING! MASSIVE SPENDING. So here's the question: How large will it be THIS time?* And the related question: How long will it take for the old school Republicans to fold this time? __________________________ * http://www.ft.com/cms/s/0/4857b65a-c1dd-11e0-bc71-00144feabdc0.html
So, same size as the last one when you take into account what the dollar will be worth by the time they shove the next one down our throats.
I have given up on the hope that the GOP will ever be stalwart as long as the Tea Party folks are held at bay by the old guard. The GOP has to CLEAN House (and Senate). The Tea Party needs to be the broom and the replacement. Until that happens, we can reasonably expect more of the same old perfidy.
The next classic and historic slogan by an American figure...... I have not yet begun to spend what needs to be spent..... or Give me megabazzilions to spend on infrastructure or let me keep on blaming Bush or I promise to spend more money in my one term Presidency then any President.....Ask not what the country can do for you,ask how much can I spend....
I'm not sure but our former chairman regaled us earlier with musings of such ineptitude that one has to wonder how we would have ever made it out of the stone age without such brilliant enthralling insight. “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default” ... Thanks for that beautiful gem, Mr. Greenspan.
I don't think there will be a stimulus... People will riot. Yes, something will spark it, there will be marches and blah blah blah.