Quote:
Originally Posted by BBQMan
I cannot any more than Obama can point to specific jobs created at a reasonable cost. He can point, however, to the fact that his stimulus plan has failed to stimulate the economy. The definition of insanity is to keep doing the same thing and expect different results. Let's try something that has a proven success record - lowering taxes and getting government out of the workplace. Stimulus has failed.
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Even though you are not making any attempt to answer my question, I will respond to your enormous generalizations about the stimulus program.
They are completely wrong.
There is ample evidence that the stimulus was essential to prevent what likely would have been the worst depression in history, the failure of hundreds of blue-chip businesses, the resultant market crash that would have made 1929 look puny and unemployment triple or more than what it was last year. No, not everyone is back to work magically in 18 months. That would be impossible. But you would be denying reality if you did not recognize the gains made in the face of our worst crisis in history. All this is due largely to the stimulus plan (and new financial regulations). No, it's not the ideal situation to have the current deficit, but the actions taken were ESSENTIAL!!