Gerge Will weighs in on the need for stimulus. Is there really a recession? Yes there are predictions but will we have created a problem and solution before it happens? As George observes, Congress loves a crisis because it gives them an excuse to ‘solve’ a problem.
Meanwhile Rahm Emanuel favor yet another New Deal. He concludes that it is ‘time for the Federal Government to Act.’ Sorry I can’t resist a reaction to that one. When did the Federal Government last act in a constructive manner? Katrina, Swine Flu, the metric system, the computer based 2000 tme clock fiasco, linking flight schools students that want to fly but not land, Just wondering….for example, he advocates yet another plan a Universal Saving Account. Why not give exapnd IRAs? Why not start weaning someone off Social Security by letting them keep their SS contributions in their IRA?
At any rate there are two differing views of where we and what needs or does not need to be done. There are oodles of other opinions and surveys galore.I look forward to your essays on regulation and stimulation.
Professor Elam 
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