Barak Obama signed the USD 787 billion Stimulus Bill

@parvezjs (422)
India
February 19, 2009 12:44pm CST
US President Barack Obama signed the USD 787 billion Stimulus Bill into law on 18th Feb 2009. This is one of the biggest economic rescue efforts in US history. However, the big question is: Is it enough? Nobel Prize winning Economist Professor Paul Krugman, package is not sufficient to revive the economy. What do you think? What do you think needs to be done?
1 response
@K46620 (1996)
• United States
19 Feb 09
Like Peter Schiff has said, nothing should be done. All this government intervention with the free market is only going to make stuff worse. There must be a painful recession as a result of tremendous excesses in the past decade.
@parvezjs (422)
• India
19 Feb 09
Rightly said. During the past decade whole world saw a shooting economy. Now this recession is a result of that. I think with this recession economy is trying to balance itself. The results we will see after this phase is gone will be good. What Say?
@K46620 (1996)
• United States
19 Feb 09
The results will be good if the government stays out of the way.