[sickoflibs]

More government stimulus? Recovery? Is that what this is, a recovery?

This is the Paul Krugman cry, endlessly spend money you don't have (borrowed) until the economy recovers. I think the flaws in his thinking are becoming more and more obvious. Bill Clinton saw it in 1993. The resulting debt will kill any recovery. The new paradigm is you can borrow your way to prosperity. That their is a free lunch. How's that working so far?

[stephenjohnbanker]

“Says the IMF’s managing director Dominique Strauss-Kahn: “

I would say, jail Dominique, and cut taxes.

[mkjessup]

This is the Paul Krugman cry, endlessly spend money you don't have (borrowed) until the economy recovers.

By Krugman-the-Stooge's logic, the following is sound financial housekeeping:

Mama: "Lawdie lawdie, we all outta work, we're runnin' outta money, all the food is all ate up, we've pawned everthin' we ever had to the people what own that Chinese laundry, we gonna lose the house, what on Earth we gonna DO?!?"

Barry: "Oh now don't you worry now Mama, our cousin Tim works at the bank, and this afternoon he gonna put in for a $25,000 increase in our MasterCard credit limit!"

Mama: "ohhhhh thank ya JESUS! We got money agin!"

Barry: "don't thank Jesus Mama, thank me and Tim"

Mama: "But Barry what we gonna do when the bill comes in?"

Barry: "Write 'em a check Mama"

Mama: "We don't have no money to write that check on Barry!"

Barry: "Sure we do Mama, we just cash advance the MasterCard and pay it with that."

Mama: "You a good boy Barry, how many extensions can Cousin Tim put in for us at the bank on that MasterCard?"

Barry: "As many as we can get away with before we seek bankruptcy protection Mama."

Mama: "Let's go get some lotto tickets and fill up the Buick!"