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Considering the overwhelmingly positive public opinion poll reception of that Obama/RINO tax/spending compromise that puts the US in another trillion dollars of debt and may even lower our national credit rating, I would say they were hired to devalue our currency and bankrupt the country. Christmas presents for everyone.

And what would the opinion polls look like had there been NO unemployment extentions or bailouts? Are you one of those folks that think the 'recovery' is moving right along and life will be back to roaring economic growth any time now? Because if you are, then theres no point in arguing with you. We are in a bad situation now, and (by doing the wrong thing) they will make it last much longer than it should (taking the minimum amount of public discontent), whereas if we had gone the route of iceland when the crash hit, we would have had massive pain for a while (and likely lynched politicians and bankers alike) but we would be back on the road to real recovery at this point.

RE :”And what would the opinion polls look like had there been NO unemployment extensions or bailouts? Are you one of those folks that think the ‘recovery’ is moving right along and life will be back to roaring economic growth any time now? Because if you are, then there's no point in arguing with you. We are in a bad situation now, and (by doing the wrong thing) they will make it last much longer than it should (taking the minimum amount of public discontent), whereas if we had gone the route of iceland when the crash hit, we would have had massive pain for a while (and likely lynched politicians and bankers alike) but we would be back on the road to real recovery at this point. “

I cant tell if we agree or disagree from that. I think that stimulus packages like this one (and the first two) prolong the recession indefinitely by trying ease the short term pain. I don't see how those particular tax measures, especially Obama payroll tax cuts, do any good except but buy votes. You can make a case that raising taxes is bad in a recession but to continue to add more and more spending at the same time ensures no long term recovery but maybe inflation. This payroll tax cut is very welfare like as it goes to those that pay no income taxes and puts those on SS even more on the public dole, as with those on food stamps.

It's obviously popular, everyone got something except those that must live in the future, Peter Schiff put it perfectly when he predicted the stimulus's failure and when he predicted the crash:”We are selling our cows to buy milk.”

The polls will take us to hell.