Sattv and NDhockey, you seem to be vehemently opposed to the stimulus. Yet I haven’t actually seen you produce any concrete evidence of its ineffectiveness. And no, pointing out that unemployment is 10% doesn’t count, since real economists nearly all agree that without the stimulus we would easily be up at 15% or higher.

If you had your way and the stimulus was not enacted, how would you have filled the budget deficits in nearly every state? What money would those states be using to make sure that their teachers, fireman and policemen are still able to have jobs? And through what mechanism would you have helped prevent unemployment from sliding past 10% to 15%?