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Old 09-02-2009, 03:53 PM   #103 (permalink)
dc_dux
 
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Location: Washington DC
Quote:
Originally Posted by Belligerentkj View Post
This may have been a good idea four or five years ago, however now it's to late;
I agree with you that the worst economic downturn in more than 60 years was not Obama's fault.

Many economist believe Obama's overall stimulus program (ARRA, TARP... more than "cash for clunkers") has helped stabilize the economy and bring it out of recession more quickly than otherwise would have been likely:
Quote:
Government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades....

U.S. Economy Gets Lift From Stimulus - WSJ.com
Cash for Clunkers? A minor piece of the recovery puzzle that will certainly not help the US auto industry in the long-term.
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Last edited by dc_dux; 09-02-2009 at 03:56 PM..
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