I have to say, when I see the polls of Americans that are against this Stimulus Bill, and I look at the reasons forwarded I am amazed. It is obvious that people are not recognizing the gravity of the situation. Trillions upon Trillions of dollars in value have evaporated from the Markets and the evaporation of capital can only get worse if efforts to stabilize the economy aren't applied. When a conservative like Ben Stein appears on multiple business shows and is screaming that money has to be pumped into the economy immediately he isn't playing around. This type of approach towards managing the economy is not Ben Stein's way. He is frightened, Economists from all sides of the political spectrum are terrified. We are looking at a Worldwide Economic Meltdown that the American approach over the last 29 years has caused. The ramifications are huge in both the short and long term.
As Obama said "This is not a game." The current mindset displayed by many Americans reminds me of those who went to picnic at the first skirmish of the Civil War.
"War! How grand, we must see!"
They saw, and after the first skirmish there weren't many picnics held going forward. Folks, this is bad with the potential of being far worse than most of us can imagine ... we should not pretend that this is a normal part of the Business cycle anymore than Katrina was your run of the mill Hurricane.
Read the Article at HuffingtonPost
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