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This makes no sense.. 3 facts.
Obama's stimulus was passed and spent in a Democratic House and Senate.
Obama stimulus ended 2 years ago.
We are 8 months into austerity and the sky isn't falling.
This is Austrian agitprop.
1. Conservative obstructionists in the Senate made it clear that they wouldn't agree to a larger stimulus bill, which would have been better.
2. Yep, and it helped avoid a Second Great Depression.
3. I love how your definition of austerity is so pliable. But this makes my point not yours.
In any case, in the direct wake of the Bush Meltdown, we needed to loosen up credit. The Stimulus did that to an extent, thus avoided an even more serious economic freeze. The economy is slowly recovering, but would be recovering faster if we had more stimulus and the Tea Party Occupation forces weren't obstructing spending. I thought that was the very issue.