I agree that this belongs in the political forum.

What I don't get is the perceived need to throw everything but the kitchen sink at this problem. No one doubts that we are in a recession right now, but to make it sound like we are in the worst situation that we have been in since the depression only aggrevates the problem (it's that "only thing we have to fear is fear itself" thing). In this case Obama seems to be fanning the flames of fear.

Clearly inflation, interest rates and unemployment were far worse in 1980 than they are now. Yet we were able to come out of that without throwing a trillion dollars at the problem. As retirees, many are very vulnerable to inflation. It would seem that racking up trillions of dollars in additional debt will cause inflation to get out of control and eat our pensions up. Maybe I'm missing something on this.