Who do I thank for all the free money?Follow

That's a nice bit of selective memory you have right there. The only real stimulus spending we've had was first proposed by Bush.

Heh.

Hehehehehe...

And I have numbers and economists who disagree. See how that's sorta meaningless?

It's sort of meaningless when the cause and effect are backwards. The stimulus was fairly ineffective. It probably was better than nothing, I'm not overly interested in how much. It wasn't ineffective because stimulus never works. It was ineffective because it was FAR TOO SMALL. At the time, serious economists predicted....that it was far too small. At the time I commented...that it was far too small, but would hopefully be better than nothing.

See, if someone bleeds to death when you bandage 1/5th of a gaping wound, that doesn't mean bandages are worthless for treating wounds.

Understand? I'm sure you don't.

It was a stupid compromise. The idea that the GOP would work with the WH and that they could go back to the well if it wasn't big enough was ludicrously naive. Big mistake, probably contributed substantially to the 2010 election bloodbath.

Krugman in 09:

http://www.nytimes.com/2009/01/09/opinion/09krugman.html

Brad Delong agreeing:

http://delong.typepad.com/sdj/2009/01/the-obama-fiscal-boost-a-note.html

Deann Baker:

http://www.huffingtonpost.com/2009/02/09/is-stimulus-too-small_n_165076.html

You get the idea. "This is too small to effective" before it was passed. I told you the same thing three years ago.

What was the conservative economic view of the stimulus in '09? Why, that it would drive interest rates up, of course.

http://online.wsj.com/article/NA_WSJ_PUB:SB124347148949660783.html

Didn't you refinance your condo recently at these historic high interest rates? STUPID!


Anyway it's time you found better source material. Here's a start.

http://gregmankiw.blogspot.com/

It's the blog of my Into to Econ professor! Oh, he's also Romney's chief economic adviser. Also a life long Republican. Worked for Bush, etc. He also has the near unique distinction of, while frequently being wrong, of understanding macroeconomics WHILE carrying water for the GOP. You should copy and paste from him instead of from Suzie Orman or wherever the random ******** you spout now comes from. It'll make your posts at least superficially more interesting.