Originally Posted by Drek
A stimulus that damn near every economist said was needed to reign in massive economic failure.
Well, there was quite a bit more disagreement on that than you like to admit, and even then virtually nobody agrees that all stimulus is good stimulus. Everyone has varying opinions on what KIND of stimulus was needed.
The problem mentioned (and you avoided) is that, as was predicted, the "stimulus" level of spending became the new floor. Even Keynes recognized that stimulus spending needed to be temporary. But living up to the caricature, Democrats took an opportunity in crisis to remake the new normal. Now they can't get agreement on anything, (see the 97-0 vote in the Senate on one Obama budget 414-0 on another in the House)
The fact is it's easier for them to live with the trillion dollar deficit bed they made a few years ago than it is for them to vote on a new one.
It's the same problem with any "emergency" government solution. The problem isn't so much the emergency as what becomes the new "normal" afterwards.