Yo, Cramy ... didn't expect this from you of all persons ... somebody who does (or should be) following the administration's financial policies know that Obama has been saying right from the beginning that there is no silver bullet to fix the economy and the stimulus will provide some help but it will be a long and painful road to recovery. How can you get into the gutter of distorting and destroying the government's attempts like the toxic Tea Party traitors. The Tea Party and many of the 'victims' of their brainwashing (some who have commented below who should probably be allowed to park in handicapped spaces) are the people who have been hacking down all serious attempts by the government to boost the economy by talking down the economy and scaring the (easily malleable) people by keeping on beating the drum of 'rising deficits' and socialist takeover of the country. Would have been amusing to watch an army of morons any other time, but when they intentionally destroy the economy and country (knowing very well that whatever the president is trying is what they would have done anyway) they have to be branded traitors ... I sure hope you show better sense than them. Any of the references about Biden and Obama you're making are about their comments on the role that the Stimulus has played in coming out of the crisis in 08-09 (and you better admit that too). Never did they say that they do not need to do anything else and that the economy will take off on its own. They're trying every day, and like the housing tax rebate they have been coming up with innovative schemes to try to propel the economy .. unfortunately doesn't help if the republicans massacre every measure by using their devious distortions to characterize every measure as a socialist apocalypse. I agree that targeting pay on wall street was a mistake ... though most of the geniuses who were protesting against the stimulus (gop/tea partiers mainly) were the ones complaining about executive pay and when the President decided to give in to them they characterized that as Socialism. These tea sippers had better watch out though ... if they think their movement is passionate and demanding change, they should turn their heads around and see the hurricane of hordes of justice seekers who'll be ripping the masks off each and every one of the traitors.
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US Politics
Jim Cramer article