On Oct 5, 2011, at 9:54 AM, Fernando Cassia wrote:
> Bullshit. The problem with the "stimulus" is that it was no stimulus
> at all. It saved the banks. it didn't put any money into
> taxpayers/consumers' pockets.
>
> The government also didn't engage into a single large scale public
> works program... the only public spending continued to be the overseas
> war, which profits a select number of private contractors.
The numbers were too small, but what you say just isn't true. There was a payroll tax cut, aid to state & local governments (which prevented a lot of layoffs), extension of unemployment insurance, road repair and such, a few bucks for transit, etc.
Doug