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Old 01-12-2010, 04:20 PM   #10
Redux
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Originally Posted by classicman View Post
At this point, whatever. These threads have been drifting and crossing so much that they've basically melded together.


Do you think it worked? With underemployment and unemployment at what now 17-18% ? Do you think it worked?
Hey, my question was just a discussion stimulus, but you can bail out and not respond.

And, yes, I think we had to do something to stimulate the economy that was on the brink of disaster and, I agree with many economists who believe it has contributed to slowing the economic downtown and ending the recession sooner than otherwise would have occurred. Employment is always the last to recover.

We can quibble on the numbers, but there is no doubt that it helped save or create hundreds of thousands of jobs.

IMO, government action was necessary and is still needed.
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