bailouts...

stimulus money is intended to get people spending. this strategy is bottom up.

tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs.

they're two distinct animals.

  LOL Alzado said:

stimulus money is intended to get people spending. this strategy is bottom up.

 

 

tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs.

 

 

 

they're two distinct animals.

I do agree with you (or at least your understanding of the *intention* of these bills). However, I don't think his plan will get "people" spending, it will, however, get "governments" spending.

what's with this phobia to public spending.

well....it's generally inconsistent with our traditional notions of free-market capitalism and federalism