When Bush ran the Federal Government on a deficit to spur the economy out of the Clinton Recession and 9-11 he was criticized from all corners as irresponsible. When Obama proposes deficit spending to accomplish the same the response is….?
Some have pointed out some of the flaws in Obama’s plan such as the obvious delay inherent in capital spending, but again the best analysis is through the meme of acquisition of power. Will Obama be able to acquire more power through doling out capital projects? Yes. Yes he can!