The Stimulus plan (technically the second as we often forget Bush’s 2008 stimulus check), the bailouts, the TARP fund, cash for clunkers, home mortgage tax credits..and the highest unemployment pretty much in my lifetime. With the irony that we got out of that similar situation with quite the opposite methods back then. Using “tired ideas of the past.”
10.2%. I recall the promise of something lower, but the nuances of economic theory do tend to escape me.
My take:
“I’m reminded of a line from The Princess Bride in regards to the Obama Administration. “Recovery”..they keep using that word. I do not think it means what they think it means.” – Craigo
