thanks for the links...

welcome to theater of the absurd. this is the kind of nonsense that is spoon fed to the americans on a continual basis. A lot of us simply sick and tired of this mafioso system.

Of course there is Hypocrisy. How can they tell people that the fundamentals of the economy are in good shape when there are basically none. For a modern capitalistic economy to exist there must be production of something, selling at the highest price dictated by a market to make max profits. However the US has stopped producing anything years ago, literally.
In order to maximize profits, capitals have moved to China and India, so they can profit here in the US, except that the US Distributors and the consuming population has been borrowing money to buy those products. Since we have very little production of anything, we have very little to export, so our Govt gets more in debt by issuing promissory notes (bonds) that these countries buy, albeit increasing the Debt and the Deficit. Our govt is very cocky and says that since the dollar is the currency of choice for trade, the Fed can print as much as it can to balance the economy. But as of the last ten years, the other countries have saved so much money and have bought so much of our debt that they themselves started to decouple their economies from us, that is branching out to other big markets namely Europe and Asia. Because of that many of these economies have better balance sheets than ours, so they see the dollar as a nuisance rather than a blessing also they see how THEIR capitals are funding an stoopid war, because we are too lazy to walk to the corner to get our imported milk. Put two and two together and you see that the ordinary people will pay for the irresponsible and idiotic republican measures.

Giving spending money will do VERY little to jump start the economy, if anything will put us in more trouble. What the govt needs to do is cut corp taxes, increment investment in the US, raise somewhat tarifs on imports so companies will shift manufacture here, stop new TLC's, increase taxes on the wealthier segment of the population, stop the war NOW, increase investment on public transportation and the shift to alternative energies, also pass immigration reform, sending people back will inevitably be inflationary. Reform the health care system. Many of these measures will be somewhat difficult, and slow to implement, but if the are not taken I can foresee the US with a standard of living comparable to LatinAmerica in no less than six years.

IMHO