There are three ways I can think of to view the huge government Stimulus Plan.
1. Take Rahm Emmanuel’s line “You never want a serious crisis to go to waste.” The Obama Administration is using the financial crisis (which has built up over the past 20 years or more) to grab power and nationalize the majority of the economic activity in the USA.
2. In spite of ample evidence that this is not a cure (Depression of the 30s, Japan in the 90s) the Obama Administration is hoping that with literally trillions of dollars, they will be able to manipulate the markets enough to stabilize the economy and produce the votes needed in 3+ years to ensure a second term.
3. The Obama Administration is just made up of too many dopes (or people on dope) and they actually believe they are solving the problem, not creating a bigger one (spending the country into a debt burden that may never be overcome).
What do you think?