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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (114878)6/6/2012 12:15:52 PM
From: mel221  Read Replies (1) | Respond to of 149317
 
>> The stimulus has been in excess of 1 trillion dollars annually. How much larger should it have been? I guessing 4 times as large.

>> At least twice as large.

Now we are getting somewhere. Thanks!

So, We have incurred 5 Trillion dollars of deficit since 2009. And now you are suggesting that at least an additional 5 trillion dollars should have been spent in that same time frame.

Giving you the benefit of hindsight, how would you recommend that this extra 5 trillion dollars be spent in only 5 years? Spent in a way that fixes the economy.

Also, where do you plan to get this money? The printing presses are ready to print, but there are consequences when you turn them on.

Lastly, since you believe spending the extra 5 tillion dollars for a total of 10 trillion dollars of stimulus in 4 years fixes the problem, what happens when the stimulus is removed in the 5th year? Or do you foresee the need for additional stimulus after the 10 trillion dollars of stimulus?