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Originally Posted by SniperSB23
I don't buy that, if we are going to pump money into the economy we need to do it fast. Waiting helps nothing (except the Republicans who want the recession to last until 2012). But getting it done fast doesn't mean it needs to be done wrong. I think the stimulus package got it right for 98% of it. I think this got it completely wrong.
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We are talking about spending $275 billion on this housing program. There is probably very little chance it will work. I think you need to adjust your 98% downward. The funny thing is that the "stimlus" actually doesn't pump much money into the economy short term.