The "stimulus" has expired.

[kentuck]

For a couple of years, it gave the illusion that the economy was starting to recover. However, it was only an illusion.

The economy started back downhill at the first of this year, coincidentally, the same time that the Republicans came to power in the House. Not that there is any connection but they certainly have not helped the situation.

We are headed back into a double-dip recession. If the government does not intervene, it could be very, very difficult for a lot of folks.

The stimulus has been spent. There is no more money to give for taxbreaks, or to give to states to save the jobs of teachers and policemen and firemen. Instead of spending money, as we should be doing, the Tea Party Republicans are insistent upon spending cuts. Never have so many been so foolish. And we all must pay the price.

The drop in the market today is a shot over the bow. The world economy is in dire straits. We can do what the United Kingdom has done and make severe cuts across the board and watch the bottom drop out. Or we can do what we know works in these types of situations.

First of all, we must forget all this nonsense about "deficits". We need to spend money as a government to put people to work. If that drives up the deficit, then so be it.

Also, the Democratic Party should not shrink from a fight over tax rates. They cannot continue to ride on the rich man's gravy train. They must once again become a party for the poor and working class. Or we will leave them at the station. We need badly the change that Barack Obama talked about. We cannot wait much longer.

.

[Divernan]

1. Here comes the second dip - worse than the first.

I think we're already in the second part of a double dip recession, but the administration is stoutly denying it.
When the unemployment benefits get no extension - shit will really hit the fan.

[CJCRANE]

2. Yes, a second stimulus is long overdue. nt

[DCBob]

3. The government will intervene if we appear to be heading for a recession again.

Even the Rethugs will not want that to happen.

[kentuck]

4. I don't know about that DCBob....

Neither Party is really into spending more by the government. I think it would have to get awful bad for them to change their minds.

[DCBob]

5. yeah, they are going to need a 2x4 to the head..

and that could happen.

[GSLevel9]

6. it's fuckin' simple...

Just because Chase bumps your Credit Limit to 10k from 5k... you're NOT RICH! Fake money does NOT a recovery make. A real recovery means REAL jobs with people doing valuable things that PRODUCE something.