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Politics : Formerly About Advanced Micro Devices
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To: Don Hurst who wrote (623600)8/9/2011 11:32:55 AM
From: i-node  Read Replies (3) of 1578052
 
TARP clearly saved the economy. I didn't like it at the time, but I was wrong: Bush's swift action will be remembered by history as what actually SAVED the economy -- at relatively little cost. The liberal media has tried like hell to paint it differently, as has the Obama administration.

The stimulus, OTOH, was an abject failure that served only to add a trillion dollars to our debt with nothing gained in return. Essentially, it was like the family who buys their groceries on a credit card: we financed a trillion dollars in consumption on the backs of our kids and grandkids. Just amount the most morally bankrupt behavior I can imagine.
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