The current financial crisis was years in the making and you can primarily thank Bush his team of numbnuts for that (To you goobers firmly believing that it was Democrats via the Community Reivestment Act to blame — quit hanging out at only clueless right wing web sites and maybe visit sites containing actual economic & financial research.)
An economic stimulus is a now pretty standard governmental economic tool, and Obama is basically following the advice of the best experts.
And while $787 billion seems like an awfully big amount of money to gamble with on a solution that’s not guaranteed to work, it’s still not much more than the lowest cost estimate of the sorry ass Iraq war to date, $600 billion, and much less than the largest estimate, $3 trillion (from the Washington Post, adding in hidden and follow-up costs puts it at $1.5-3 trillion).
If conservatives and Republicans really want to be useful, just hit hard on any wasteful uses of the money, especially when it reaches the state and local level when it then will likely fall out of the media spotlight (thanks mostly to the decline of the watchdog, “liberal” newspapers you guys keep attacking and whining about without thinking things through.)
