More and more people seem to be saying that the stimulus will not work and has never worked. Japan had tried doing it and they had zombie banks and the lost decade of the nineties. They still want to do the same. USA is doing it recklessly. Here is the Fox video -
But the radio talk show host Mike in the video has a point. The deficit spending of USA is still less than their GDP. But the problem is that it has been growing. Their direct debt is closing in on the GDP.
Posted by abhir