BS, there is no amount of money that he can spend that will avoid deepening this recession.
That's BS. It's already prevented a complete collapse of the financial industry.
You got the wrong lesson. The great depression only turned around after massive Govt intervention under FDR's new deal.
GDP fell 6% real annualized. Many banks and financial institutions have failed and many more would have but for the bail-out and the entire US automotive manufacturering industry is on the bring of extinction. It's enough objective fact for me.
Nobody I've heard is making excuses for Bush's profligate spending. But, Obama is dead set on making whatever Bush spent look trivial by comparison.
Funny, I heard people making excuses for Bush's deficits for 8 years.
Keep believing the government can spend enough to turn around a recession. You'll see. You'll still be telling me how its working 4 years from now. There is only one way that government can turn this around, and that is to use the multiplier effect of private industry. Obama is not about to do that, so you'll get a nice front row seat to economic disaster.
You didn't hear me defending Bush for profligate spending, of course I was never a fan of Bush. I agreed with him where I thought the policies were right, but I was never a fan of his.
I certainly wasn't part of the group that elected him twice.