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Originally Posted by tw
Many 'theys' said lots of things. Which ‘theys’ did Limbaugh quote?
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Dunno never listen or watch him. Perhaps you would care to enlighten the rest of us. Apparently you are the one paying attention to that blowhard.
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We ASSUME stimulus packages averted a complete economic meltdown - a complete lockup of the financial system because nobody could trust anyone's spreadsheets. Fortunately we did not have to learn this sooner and the hard way.
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We don't "know" squat, especially you. Spreadsheets still cannot be trusted. Nothing in that respect has changed. There are plenty of examples. Perhaps the hard way would have been better in the long run. Again you make assumptions.
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So where does the money come from to pay back that borrowed $700 billion?
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Dunno Ask Obama
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Currently another $700 billion is floating around inside the American economy making short term 'goodness'. What happens when that money must be repaid with interest?
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Again ask your President.