Originally Posted by Greger
If you were hoping for immediate sweeping change then you set yourself up for disappointment. I just hope that in two years we aren't seeing continued sweeping same. Obama has come out of the gate slow, he's staying with the pack and getting a feel for the track. It's still way to early to call the race though.
I hope that it works, but I suspect that we'll only see another such bill before too much longer. One way to immediately stimulate the economy is take the trillion or so and give it to the people, which is about $7k/person. I assure you that would stimulate the economy much more effectively. If I remember correctly, the purpose of the initial bail-out was to give bankers billions so that they could pump money into the economy in order to stimulate it. Once the bail-out money or stimulus money finds its way into circulation, we'll see inflation.