Originally Posted by Direckshun
2. Most credible economists feel that this was in fact the case. I rely on them for my points of view on the economy.
I think you're confusing the stimulus with TARP. The stimulus was an inefficient pile of fail. Any President, perhaps not including a back to nature guy like Ron Paul, would have fashioned a stimulus. Not all of them would have created the mess of economically-shallow, constituent payback that Obama did. TARP, OTOH, prevented an unprecedented global financial system meltdown, by most credible accounts.
By their own standards (no more than 8% unemployment w/ stimulus), the Obama administration's stimulus was a failure.
"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will