So now we are faced with another stimulus plan. As Einstein once said, "Insanity: doing the same thing over and over again and expecting different results." So have the previous stimilus plans by Bush and Obama worked?
The WSJ has an article worth reading. One exerpt is " In sum, never before has government spent so much and intervened so directly in credit allocation to spur growth, yet the results have been mediocre at best. In return for adding nearly $3 trillion in federal debt in two years, we still have 14.9 million unemployed. What happened?"
For the answer to this question, read the article here: