Obama: Too much debt could fuel double-dip recession

[wiphan]

Originally Posted by Riot

That's right. Would you have preferred doing nothing and we right now being in a deep depression? Unemployment 18-20%? It's obviously not black and white. There's not an economist I've seen that has said the stimulus hasn't helped, nor that it won't continue to help.

The actual real unemployment rate right now is closer to 17-18% right now, since unemployment numbers do not count people that are unemployed that are not eligible for any more benefits. There is a way to create jobs and GOVT Spending has never been a good solution for this.